EEC opens tariff-free beef import quota in 2023, mostly from Russia

Published 2023년 2월 6일

Tridge summary

The Eurasian Economic Commission (EEC) has allocated a quota for the import of up to 125,000 tons of beef from five countries to its bloc member states, including 100 thousand tons for Russia, 10 thousand tons for Armenia, 7.5 thousand tons for Belarus, 5 thousand tons for Kazakhstan, and 2.5 thousand tons for Kyrgyzstan. This decision aims to provide meat producers with affordable raw materials and stabilize consumer prices. Brazilian slaughterhouses that meet the necessary standards can benefit from the tariff exemption for imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Council of the Eurasian Economic Commission (EEC) opened, this Friday, a quota for the import of up to 125,000 tons of beef from trading partners to five countries in the bloc without tariffs throughout 2023. Most of the quota, 100 thousand tons, is for Russia. The decision also foresees up to 10 thousand tons for Armenia, up to 7.5 thousand tons for Belarus, up to 5 thousand tons for Kazakhstan, and up to 2.5 thousand tons for Kyrgyzstan. The Russian agricultural attaché in Brazil, Andrey Yurkov, told Valor that qualified Brazilian slaughterhouses can benefit from the exemption for imports. In 2022, the tariff-free Russian import quota was doubled, 200 thousand tons. Last year, Brazil exported 49,800 tonnes of beef to Russia, with revenues of US$ 197.5 million, according to data from the Ministry of Agriculture's Agrostat. Of the other countries on the list, Brazil does business with Kazakhstan, where it sold only 42 tons in 2022. The Council's communiqué says that "the main ...
Source: Beefpoint

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