Customs subcommittee approved the extension of the ban on the export of rapeseed

During the meeting, the subcommittee on customs-tariff and non-tariff regulation of Russia discussed initiatives to provide economic support to the country, the Ministry of Economic Development reported. Among other things, the customs subcommittee approved the extension of the ban on the export of rapeseed seeds for six months – from September 1. The previous ban expires on August 31st. An exception is the export of grain through checkpoints in the Trans-Baikal Territory.

“The measure is aimed at stimulating the development of processing of this agricultural crop on the territory of the Russian Federation and is a continuation of previously introduced measures to restrict exports,” the statement says. press release ministries.

It is also reported about the extension for a year of the reduced rate of import duty on feed for salmon fish – 3%. According to the ministry, this measure will support Russian manufacturers. In addition, the Ministry of Economic Development supported the proposal to extend the export duty on soybeans for feed production.

The Russian government has introduced a temporary ban on the export of sunflower and rapeseed seeds from April 1 to August 31 this year. The decision was made against the backdrop of a sharp increase in demand for Russian products due to a jump in world prices for sunflower oil. Formerly Ministry of Agriculture declaredthat the sunflower export ban will not be extended.

Lusine Balasyan