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The Far East regions in Russia will mainly export corn to China within the framework of the grain quota

Russia
Published Dec 23, 2022

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The regions of the Far East will mainly export corn within the framework of the grain quota.

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"The regions of the Far Eastern Federal District - Primorsky Krai and the Amur Region will be able to export up to 500 thousand tons to China, mainly corn. This volume is enough to sell the surplus grain production in the district," Interfax was told in the press service of the Ministry for the Development of the Far East. The press service recalled that in November, at a meeting of the customs subcommittee, it was decided to establish a multiplying factor (3.13) when calculating the export duty for the regions of the Far East when distributing a total quota of 25.5 million tons, which will be valid from February 15 to June 30, 2023. The Ministry of Economic Development prepared a draft of the relevant government decree, the document was submitted to the Cabinet of Ministers. Earlier, the Ministry of Agriculture announced that the quota would be 25.5 million tons, including 500,000 tons for the Far East. The regional quota for grain export from the Russian Federation is ...
Source: Milknews
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