Algeria decided to ban the export of oil, sugar, and wheat

Published Mar 14, 2022

Tridge summary

Algeria has imposed a ban on the export of oil, sugar, and wheat in response to the Russia-Ukraine conflict's impact on food supply chains. President Abdulmecid Tebbun has directed the Minister of Justice to draft a law criminalizing the export of these products, except for those produced locally. The Presidency also announced incentives for farmers who supply strategic stocks to the state.

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Original content

The disruptions in the supply of food products due to the Russia-Ukraine war led the countries to restrict food exports. Algeria also decided to ban the export of oil, sugar and wheat. It was reported that an export ban was imposed on oil, sugar and wheat products in Algeria. In a written statement from the Presidency of Algeria, it was stated that President Abdulmecid Tebbun gave instructions on the export of food consumption products. In the statement, it was reported that Tebbun ordered an export ban on food products such as oil, sugar, wheat and its derivatives, and it was noted that the Minister of Justice was charged with ...

Source: Gidatarim