Uzbekistan stimulates the import of apples, bananas and a number of other fruits - a threat to Moldova and Ukraine?

Published Oct 21, 2021

Tridge summary

Uzbekistan's government has decided to exempt import duties on several fruits, including apples, bananas, citrus fruits, kiwi, and avocados, until May 1, 2022. This decision aims to ensure the availability of basic food products and maintain price stability. While this move is expected to make these fruits more affordable for Uzbekistani consumers, the response on social media has been largely negative. However, experts at EastFruit view the decision favorably, believing it will boost fruit trade volumes and encourage local producers to enhance their production efficiency and quality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Unexpected news came from Uzbekistan - the country's government decided to stimulate the import of a number of fruits, exempting their import from import duties. Today, EastFruit experts were able to receive official confirmation that the government decree "On additional measures to guarantee the provision of basic food products to the population and maintain price stability in the domestic market" has indeed been adopted. Let's try to understand what this means and how it will affect the prices of fruits and the volume of their trade. First of all, it should be said that the list of fruits that have been exempted from import duties includes both widely consumed fruits and quite exotic ones. The most unpleasant news for fruit suppliers from Moldova and Ukraine was the zeroing of import duties for fresh apples. Indeed, now in Moldova and Ukraine, as well as in other European countries, there is an excess of apples on the market and prices there are low (we wrote more about this in ...
Source: Eastfruit

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