Russia approves duty-free poultry imports

The Russian government’s customs commission will allow 160,000 tonnes of duty-free broiler meat imports in 2024, a huge share of which is expected to come from outside the CIS region. Long-discussed export restrictions are also coming into force. The duty-free imports of chicken are imposed to stabilise the price situation on the domestic market, the government explained. The quota of 160,000 tonnes is comparable to the volume Russia imported in the previous years, Denis Ternovsky, senior researcher of the Center for Agricultural Policy in the Ranera Institute, told local publication Agroinvestor. However, in previous years, imports primarily came from Belarus, which enjoys the benefits of common customs space with Russia as a part of the Eurasia Economic Union. Thanks to the new quota, poultry imports to Russia from other countries may triple in 2024 compared with the previous years, Ternovsky said, not providing concrete figures. Poultry prices in Russia are currently abnormal, ...