Moldova may reintroduce licensing of grain and sunseed imports

Published Jul 3, 2024

Tridge summary

Moldova's ruling PAS party is proposing a draft law to reinstate import licensing for grains, sunseed, and corn, in an effort to protect local farmers from the price competition and unrestricted imports from Ukraine. The licenses would be issued to entities involved in oil production, flour milling, livestock farming, and animal food production, and would be valid until the end of 2024 with an option to extend for another year. This move is in response to concerns about Moldovan farmers' inability to compete in the market and the potential social and financial repercussions for them. The draft law follows the expiration of last year's import licensing period for these commodities, during which Moldova issued 12 licenses for the import of a certain amount of sunseed and corn.

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Original content

Moldova’s ruling PAS party has initiated a draft law that could reintroduce import licensing for grains, sunseed and corn. It is envisaged that import licenses will be available to individuals or legal entities engaged in oil production, flour milling, livestock farming, and animal food production. Such licensing will be valid until the end of 2024 with the possibility of extension for another year. The explanatory note to the draft law states that in the context of high grain and sunseed production in Ukraine, it is difficult for Moldovan farmers to compete in prices. The draft law should prevent unrestricted imports of grain and sunseed from Ukraine, which could lead to losses for Moldovan farmers and the risk of their insolvency on loans, as well as a negative social impact on their families. The publication reminds that last fall, Moldova introduced import licensing for grains, corn and sunseed. The import licensing period expired at the end of June, and farmers demanded to ...

Source: UkrAgroConsult