Seed import quotas in Russia may come into effect on February 1

Nuts & Seeds

Russia

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Published Jan 16, 2024

Tridge summary

From February 1 to December 31, 2024, Russia may establish quotas on the import of certain agricultural seeds from unfriendly countries. The Subcommittee on Customs, Tariff and Non-Tariff Regulation supported the Ministry of Agriculture’s proposal to temporarily limit the import of certain types of agricultural seeds. The specific parameters of the restrictions will be determined by a government decree, and experts believe that the consequences of these proposed quotas will not be felt until 2025.

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Original content

From February 1 to December 31, 2024, quotas may be established in Russia on the import of certain types of agricultural seeds from unfriendly countries. Interfax was informed about this by the press service of the Ministry of Economic Development. The Subcommittee on Customs, Tariff and Non-Tariff Regulation, and Protective Measures in Foreign Trade previously supported the Ministry of Agriculture’s proposal to temporarily limit the number of imported seeds of certain types of agricultural crops. The specific parameters of the planned restrictions will be determined by a government decree, which is being developed by the Ministry of Agriculture. Earlier it was reported that the Ministry of Agriculture proposed introducing quotas from January 23, 2024. It is proposed to establish a quota for the import of potato seeds in the amount of 16 thousand tons, barley - 0.6 thousand tons, corn - 5 thousand tons, including waxy - 0.6 thousand tons, rapeseed (hybrids) - 2 thousand tons, ...

Source: Oilworld