Mali suspends imports of wheat flour and products

Published Aug 31, 2023

Tridge summary

The Ministry of Economy and Finance and the Ministry of Industry and Trade of Mali have temporarily banned the import of wheat flour, macaroni, and other finished products without providing a specific reason for the ban. Analysts speculate that the decision may be aimed at developing local production and reducing reliance on imports. The ban has received support from the United Federation of Trade Unions, who urged the government to ensure that local factories produce high-quality flour, but the impact on food prices in Mali is still uncertain.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Maliactu and Malijet websites reported on August 17, 2023 that on August 11, the Ministry of Economy and Finance and the Ministry of Industry and Trade of Mali jointly issued a ban, announcing the suspension of the import of wheat flour, macaroni and other finished products (customs codes: 1101000000; 1902000000; 190230000000 ) until further notice. The Maldives government has not yet explained the reasons for the ban. Some analysts speculate that this decision was made shortly after the Maldives government held a meeting with local entrepreneurs, indicating that the government hopes to develop local production to replace imports. Products. It is reported that there are at least six wheat flour production plants in Mali. In addition, the Malian government also stated in July that it plans to increase corn production to 10 million tons in the 2023-2024 production ...

Source: Foodmate