Armenia extends ban on grain exports outside the EAEU

Published 2024년 11월 28일

Tridge summary

Armenia has decided to extend its ban on exporting certain grains and sunflower products outside the Eurasian Economic Union (EAEU) for an additional six months. This decision, made during a government meeting, affects wheat, barley, corn, buckwheat, sunflower seeds, and sunflower oil. The extension aims to ensure food security and economic stability due to the country's insufficient domestic production, which relies on imports. Notably, the ban does not impact 're-export' activities from Armenia. The current extension, which was previously implemented in June, is scheduled to expire on January 3, 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Armenia has extended the ban on grain exports outside the EAEU for six months. The corresponding decision was made at a government meeting on Thursday. The ban applies to wheat, barley, corn, buckwheat, as well as, in addition to grains, sunflower seeds and sunflower oil. The decision is aimed at ensuring food security and economic stability. It is noted that the volume of production of these goods does not meet the needs of the domestic market, the shortage is covered by imports. The ...
Source: Milknews

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