Food Policy and Market Developments

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29/06/2020
The Ministry of Finance recently announced the creation of a USD 2 billion fund in an effort to support the trading of key commodities amid foreign exchange shortages. The trade [...]
26/06/2020
On 24 June 2020, the Government authorized the import of 500 000 tonnes of maize at a concessional duty of 15 percent under the Tariff Rate Quota (TRQ) Scheme. Import [...]
11/06/2020
On 10 June 2020, an increase on import customs duties came into effect for a wide range of products, including food products. Among others, imports of live mutton and goats, [...]
08/06/2020
On 7 June 2020, the Government lifted the 60 percent regulatory duty on imports of wheat, in place since September 2016 (FPMA Food Policies) and allowed the import of wheat [...]
05/06/2020
On 1 June 2020, the Government approved the increase of the Minimum Support Prices (MSP) for the 2020 “Kharif” crops, now being planted and to be harvested from September onwards. [...]
01/06/2020
On 31 May 2020, the Government raised the 2020 purchasing price of wheat from SYP 225 to SYP 400 per kg. The measure aims to support farmers’ incomes and increase [...]
01/06/2020
On 22 May 2020, the Government temporarily removed the import tariff on wheat flour and maize meal as the country seeks to bolster supplies amid an expected second consecutive below-average [...]
29/05/2020
In Kazakhstan, restrictions on exports of wheat and wheat flour will be lifted from 1 June 2020. Export quotas were introduced in April, after a temporary export ban imposed in [...]
18/05/2020
On 15 May 2020, the Government announced that from 20 May, the ban on exports of white and paddy rice would be lifted. The ban was imposed on 5 April [...]
12/05/2020
West Africa • Chad, on 24 April 2020, exempted from import custom duties basic food products, including maize, rice, millet, sorghum and wheat. The exemption will be valid until December [...]