Russia lifts restrictive measures on forage beans

Published Aug 18, 2021

Tridge summary

The Subcommittee on Customs Tariff Regulation has made the decision to exclude coarse beans from restrictive measures implemented in 2014, effectively allowing for the import of seeds. This decision was jointly proposed by Rosselkhoznadzor and the government of the Kaliningrad region, citing the benefits of these beans in restoring soil fertility. Additionally, the subcommittee has approved amendments to a government decree to mandate the registration of over-the-counter contracts for grain and sunflower oil, in order to establish national exchange indicators and determine the export duty size for these products, with an implementation date set for September 1, 2021.

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Original content

The Subcommittee on Customs Tariff Regulation decided to exclude coarse beans from the 2014 restrictive retaliatory measures, which will allow the import of seeds “The Subcommittee on Customs Tariff and Non-Tariff Regulation at its meeting on Monday, August 16, decided to exclude fodder beans (large and small-seeded) for sowing from the action of the retaliatory restrictive measures adopted in 2014. The Rosselkhoznadzor and the government of the Kaliningrad region have come up with a corresponding initiative, ”writes TASS with reference to the message of the Ministry of Economic Development of the Russian Federation. "This culture also contributes to the restoration of soil fertility, their nitrogen enrichment, especially heavy clay and podzolic soils in northwest Russia," the ministry said. A proposal was also adopted to amend the decree of the Government of the Russian Federation, which provides for mandatory registration on the exchange of over-the-counter contracts for grain, ...

Source: Agroxxi