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Export restrictions by Russia undermine the domestic production base -Zlochevsky

Russia
Published Mar 30, 2022

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The existing mechanism for regulating grain exports affects production opportunities and investment, Arkady Zlochevsky, President of the Russian Grain Union (RGU), said during a press conference at the Rossiya Segodnya news agency. This is reported by the agency "Grain On-Line". From March 15 to June 30, 2022, Russia banned the export of main grain crops (wheat, rye, barley and corn) to the EAEU countries. Grain exports to countries outside the EAEU are limited by a quota that is valid from February 15 to June 30, 2022 and floating duties. The quota for wheat is 8 million tons, for rye, barley and corn - a total of 3 million tons. The export ban to the EAEU countries is aimed at solving a long-standing problem - the re-export of Russian grain through Kazakhstan to neighboring countries, for example, to Uzbekistan. According to experts, 2.6 million tons of Russian wheat were exported to Kazakhstan before the restriction was introduced. “This ban is justified, it just had to be ...
Source: Zol
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