EAEU countries will consider an agreed restriction on the export of sunflower seeds, sunflower oil, and other goods

Published 2021년 8월 20일

Tridge summary

The Eurasian Intergovernmental Council has recommended that member states of the Eurasian Economic Union (EAEU) think about imposing tariffs and non-tariff regulations on the export of certain goods, including agricultural products like wheat, barley, corn, and sunflower seeds, as well as waste metals, fuel wood, timber, and paper waste. This could include export duties or non-tariff measures such as quotas or bans. The decision is aimed at stabilizing the single market and increasing the effectiveness of national measures.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Eurasian Intergovernmental Council instructed the governments of the member states of the Eurasian Economic Union (EAEU) to consider measures of tariff and non-tariff regulation of the export of a number of goods, including wheat and meslin, barley, corn, sunflower seeds, sunflower oil. We are talking about the possibility of introducing export duties or non-tariff measures in the form of quotas or a ban on the export of these goods, follows from the message of the trade block of the Eurasian Economic Commission (EEC) following the results of the regular meeting of the EAEU intergovernmental council held on Friday. In addition to agricultural products, the list of goods, the joint export regulation of which is planned by the EAEU countries, includes waste and scrap of ferrous metals, fuel wood and certain types of timber, waste paper and paper waste. "When developing appropriate national decisions, the EAEU countries are invited to consider the possibility of applying export ...
Source: Oilworld

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.