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Kyrgyzstan imposes temporary export ban on flour and wheat

August 23, 2012, 18:39 UTC+3
The ban will be in force for six months
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BISHKEK, August 23 (Itar-Tass) — Omurbek Babanov, the prime minister of Kyrgyzstan, has signed a resolution imposing a temporary export ban on flour and wheat, a Kyrgyz government source told Itar-Tass.

“The decision was made with an aim to avert critical shortages and price hikes for wheat and flour in the domestic market. The ban will be in force for six months,” the source went on to say.

Babanov ordered the State Customs Service to implement this resolution. He also instructed the Kyrgyz Foreign Ministry to inform the Integration Committee of the Eurasian Economic Community and the CIS Executive Committee about the imposition of export restrictions.

Besides, the Ministry of Economy and Anti-Monopoly Policy has received instructions to inform the World Trade Organization about measures taken by Kyrgyz government.

The export ban is to take effect 15 days after the resolution has been published.

In the meantime, Kyrgyz President Almazbek Atambayev and Kazakh President Nursulltan Nazarbayev held talks in Bishkek on Wednesday. Kazakhstan confirmed its readiness to supply 200,000 tons of wheat to Kyrgyz entrepreneurs and agreed to defer payment.

 

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