Armenia extended the ban on the export of grain and sunflower oil outside the EAEU

Published 2023년 11월 9일

Tridge summary

Armenia has extended its ban on the export of grains, sunflower seeds, and sunflower oil to countries outside of the Eurasian Economic Union for an additional 6 months. The ban, which was initially established to prevent the resale of goods purchased from Russia to third countries, now applies to wheat, barley, corn, and buckwheat. This decision was made in response to a draft decree by the Russian government, which bans the export of durum wheat from December 1, 2023, to May 31, 2024, with the condition that it is not re-exported by EAEU countries.

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Original content

The ban was established to ensure that these goods purchased from Russia are not resold to third countries. Armenia has extended the ban on the export of grains, sunflower seeds and sunflower oil to countries outside the Eurasian Economic Union for 6 months. The Armenian government made a corresponding decision at a meeting on Thursday. The ban was established on June 29 this year for a period until January 2, 2024, and has now been extended until July 2. As for grains, the ban applies to wheat, barley, corn and buckwheat. Armenia mainly imports all these goods: the republic depends 100% on imports for sunflower oil, and about 50% for wheat (at the same time, local wheat is almost entirely used as feed, and not for grinding flour). The ban is applied to prevent re-export to third countries, given that on November 1, ...

Source: Zol