Ban on export of apples and vegetables, or protection of the domestic market?

Published 2024년 10월 14일

Tridge summary

Belarus has imposed a ban on the export of onions, cabbage, and apples, which is expected to have a significant impact on the global market, particularly in the trade of fruit and vegetables in regions east of the Bug. This decision is anticipated to further limit Russia's access to affordable fruit and vegetable re-exports, with countries like Iran, Turkey, and China likely to benefit. The move is part of Belarus's strategy to protect its domestic market and citizens from high prices, though previous embargoes have been lifted after a certain period.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Belarus bans export of cabbage, onions and apples? Well, it will have a big impact on the global market… According to reports from Ukrainian industry portals, Belarus has blocked the export of onions, cabbage and apples from its territory. This may seem like secondary information to us, but it changes a lot in the trade of fruit and vegetables east of the Bug. Especially if we remember the recent decision of the Kazakh authorities to ban the import of apples. The effect will be even more limited access for Russia to the possibility of buying relatively cheap fruit and vegetables from re-export. Although in recent years it has been decreasing anyway, today it will become almost impossible. There is much to suggest that Iran, Turkey and China will sell more apples there. Inflation and high prices in the east are raging, and the smaller inflow of basic, fresh products will further worsen the economic situation of the aggressor in the ongoing armed conflict. Today, the country cut off ...
Source: Sad24

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