Import of wheat, corn and sunflower to Moldova extended - CoES decision

Maize (Corn)

Grains, Cereal & Legumes

Moldova

Regulation & Compliances

Market & Price Trends

Published Mar 28, 2024

Tridge summary

In Moldova, the Emergency Commission has decided to extend the importation of key grains and oilseeds, such as wheat, corn, and sunflower seeds, for an additional quarter to help stabilize the prices of local grain products. Import licenses, which are necessary for the importation process, will be issued by the Ministry of Agriculture and Food Industry to entities engaged in producing oils, fats, flour products, and animal feed. This move aims to address the concerns raised by Moldovan farmers regarding the influx of Ukrainian grain imports, which they fear could adversely affect domestic grain prices and harm the local agricultural sector.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The import of grains and oilseeds to Moldova has been extended for another quarter, the decision was made by the Emergency Commission. The import of wheat, corn and sunflower seeds into the Republic of Moldova will continue to be allowed on the basis of a license issued by the Ministry of Agriculture and Food Industry, the government press service reported. The decision was made by the Commission for Emergency Situations (CoES). Thus, the measure has been extended for another three months “to maintain an economically stable price for local grain products on the domestic market.” “An application for an import license can be submitted by a legal entity or individual carrying out economic activities in the production of oils and fats, flour products, preparations for feeding farm animals or raising animals. Requests will be considered by a commission created by the Ministry of Agriculture and Food Industry,” - the government said in a statement. Earlier, Moldovan farmers called on ...

Source: Oilworld