Moldova will extend restrictions on agricultural imports from Ukraine for another six months

Published Dec 30, 2024

Tridge summary

The Moldovan government has extended the licensing of imports of wheat, corn, and sunseed for another six months, until June 30, 2025. This step is aimed at protecting local farmers and maintaining stability in the domestic market. The licensing, which was introduced in October 2023, has helped prevent an oversupply of imported products and reduced the cost of local products. As of early December, Moldova has sufficient stocks of these products to cover domestic needs for the coming months.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On December 30, the Moldovan government ordered to extend the licensing of imports of wheat, corn and sunseed for another six months – until June 30, 2025, Newsmaker reports. As the government clarified, this step is aimed at protecting local farmers and maintaining stability in the domestic market. The licensing was introduced in October 2023 and, according to the government, it helped prevent an oversupply of imported products at lower prices and would have reduced the cost of local products. As of early December, Moldova has sufficient stocks of wheat, corn, and sunflower to cover domestic needs for the coming months. This includes 290 thousand tons of wheat, 662 thousand tons of corn and 249 thousand tons of sunseed. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional ...

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