Russia has extended the temporary ban on the export of rice and rice cereals. A relevant resolution has been signed.
The restriction, which will be in effect until 30 June 2024, was introduced in order to maintain stability in the domestic market.
There are several exceptions to the rice export ban: it will not apply to exports to the Eurasian Economic Union member states, Abkhazia and South Ossetia. Rice and rice cereals can also be supplied to foreign countries as humanitarian aid, or as part of international through traffic.
A temporary ban on the export of rice and rice cereals was introduced in 2023 by the decision of the Subcommittee on Customs, Tariff and Non-Tariff Regulation, Protective Measures in Foreign Trade of the Government Commission for Economic Development and Integration.
Another Government resolution established tariff quotas for duty-free exports of grain, sunflower oil and sunflower meal from the Donetsk and Lugansk people's republics, as well as from the Zaporozhye and Kherson regions.
According to the resolution, from 1 January 2024, the quotas will be 2.1 million tonnes for the export of grain crops (wheat and meslin, barley, corn), 106,500 tonnes for sunflower oil, and 140,900 tonnes for sunflower meal.
These quotas will be valid until 31 December 2024. The decision was made after allowing for a sufficient supply of these products in the domestic market. It will provide support to manufacturers from the new regions, enabling them to export additional quantities of their products.
