CIS countries implement trade limitations amid COVID-19 pandemic

03/04/2020,

Since late March, amid concerns over the COVID-19 pandemic, a number of countries in the CIS area have implemented new policy measures in an effort to ensure sufficient domestic supplies and avoid price increases of staple foods. The Ministry of Agriculture and the Ministry of Economy of the Russian Federation agreed on 27 March on a 7 million tonnes export quota on wheat, maize, barley and rye for the period 1 April to 30 July. In addition, the Ministry of Agriculture has said on 2 April it will sell 1.5 million tonnes of grains from State reserves into the domestic market, starting from 13 April, raising the amount from an earlier announced 1 million tonnes. Similarly, on 27 March, the Government of Ukraine announced the sale of 160 000 tonnes of milling wheat into the local market and, on 30 March, set a maximum wheat export volume of 20.2 million tonnes in the 2019/20 marketing year (July/June). In Kazakhstan, export quotas of wheat grain and wheat flour were set at 200 000 tonnes and 70 000 tonnes, respectively, lifting the temporary export ban on key food products, including buckwheat and wheat flour, which had been imposed on 22 March. In addition, on 31 March, the Eurasian Economic Union (EAEU) countries introduced a temporary ban on the exports of some basic food products until 30 June 2020. On 31 March, the Government of Belarus issued a decree imposing a three-month export ban on a number of staple foods, including buckwheat, buckwheat groats, onions and garlic. Similarly, the Government of Kyrgyzstan imposed a six-month ban on the exports of a range of products, including wheat grain, wheat flour, rice, vegetable oils and sugar.

Region: CIS (Asia & Europe)