You are currently viewing Russia temporarily bans grain and sugar exports to protect domestic market

Russia will temporarily ban grain and sugar exports by international sanctions and to protect the internal market, after the signing of the decrees this Monday by the Prime Minister, Mijail Mishustin.

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The Executive of Vladimir Putin thus imposes a temporary ban on grain exports to the countries of the Eurasian Economic Union (EAEU) until June 30 and on exports of unrefined cane sugar outside the EAEU until August 31, according to a note from the service government press released by the Interfax agency.

The cereal ban applies to wheat and meslin (mixture of wheat and rye), rye, barley and corn.

“The decision was made to protect the internal food market from external restrictions,” the statement said, referring to the international sanctions imposed by numerous countries, including the European Union and the United States, for the Russian invasion of Ukraine on February 24, which has already caused thousands of deaths and more than 2.8 million refugees.

The Russian government indicates that several exceptions are provided for the export of sugar and cereals.

“Thus, the supply of these products outside Russia will be possible, including for the provision of humanitarian assistance, as well as within the framework of international transit traffic,” the report says.

The government statement did not specify from what date it would come into effect. enforce the banalthough Interfax claims that the ban could be introduced as early as March 15.

With information from EFE

LVH

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