The Russian authorities will discuss restrictions on the import of some seeds from unfriendly countries

Published 2023년 2월 15일

Tridge summary

The Ministry of Agriculture in Russia is planning to implement quantitative restrictions on the import of seeds from unfriendly countries for several crops including potatoes, wheat, rye, barley, corn, soybeans, rapeseed, sunflower, and sugar beets for the year 2024. The aim is to accelerate import substitution and enhance food security. The volume of quotas has not been decided yet and the restrictions will not be applied to countries within the Eurasian Economic Union. However, the Russian Grain Union, a key organization in the agricultural sector, expresses opposition to the proposed import quotas, warning that it could lead to lower yields and increased prices, and advocates for the production of high-quality domestic seeds to reduce reliance on imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Quantitative restrictions will affect the seeds of the following crops: potatoes, wheat, rye, barley, corn, soybeans, rapeseed, sunflower and sugar beets from unfriendly countries. This was announced at a meeting of the operational headquarters of the Ministry of Agriculture on February 14, First Deputy Minister Oksana Lut, one of the participants in the meeting told RBC. The fact that the issue of quotas for imported seeds was discussed at a meeting in the Ministry of Agriculture was confirmed by RBC in one of the industry unions participating in it. The Ministry of Agriculture confirmed that on February 17, the ministry plans to submit to the subcommittee on customs-tariff and non-tariff regulation the issue of regulating the import of seeds of certain types of agricultural crops from unfriendly countries in 2024. The Ministry of Agriculture proposes to introduce restrictions on the import of seeds from a number of countries from January 1 to December 31, 2024. Quantitative ...

Source: Oilworld