Russia has again banned the export of rapeseed

Published 2024년 3월 10일

Tridge summary

The Russian government has extended its ban on rapeseed exports until August 31, 2024, to support domestic rapeseed oil producers and ensure the supply of necessary processing products for livestock. The ban does not apply to exports to the Eurasian Economic Union, Abkhazia, South Ossetia, and deliveries via the Zabaikalsk checkpoint on the Chinese border. It also does not affect the supply of rapeseed under international intergovernmental agreements and humanitarian assistance. The ban was initially implemented in April 2022 and has been extended multiple times.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The new ban will be in effect until August 31, 2024. A decree on this was signed by Prime Minister Mikhail Mishustin. “The decision will ensure the utilization of domestic enterprises producing rapeseed oil, as well as provide livestock with the necessary processing products of this oilseed crop,” the government said in a statement. The ban will not apply to exports to the countries of the Eurasian Economic Union (EAEU), Abkhazia and South Ossetia. An exception was also made for deliveries by road and rail through the Zabaikalsk checkpoint on the border with China. In addition, the ban will not apply to the supply of rapeseed within the framework of international intergovernmental agreements and the provision of humanitarian assistance to foreign countries. Back in March 2022, the Cabinet of Ministers introduced a ban on the export of sunflower and rapeseed, as well as quotas on the export of sunflower oil and meal. As the Ministry of Agriculture explained, such restrictions will ...
Source: RG

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