Turkish ambassador to Russia: Moscow and Ankara to join efforts in war on terrorWorld June 23, 18:45
Ukrainian society tired of Poroshenko’s policy — expertRussian Politics & Diplomacy June 23, 17:58
Deutsche Welle sees Russian international broadcasters as threat to European ideasWorld June 23, 17:34
Watchdog claims Telegram provides means of communication to terroristsBusiness & Economy June 23, 16:45
Russia launches serial production of seaborne air defense missile systemMilitary & Defense June 23, 16:25
Kamaz to invest 50 mln euro in construction of assembly plant in AfricaBusiness & Economy June 23, 16:16
Key facts about Turkish Stream projectBusiness & Economy June 23, 16:05
Lavrov slams NATO for its geopolitical ambitionsRussian Politics & Diplomacy June 23, 15:58
Russia, Belarus plan to create common visa space — LavrovRussian Politics & Diplomacy June 23, 15:37
MOSCOW, August 19. /TASS/. Russia might export up to 40 mln tonnes of grain in the current agricultural year, including 26-30 mln tonnes of wheat, Head of the Agriculture Ministry’s department for regulation of agricultural markets told journalists on Friday.
"This year grain exports will be bigger than in the past. We expect up to 40 mln tonnes," he said. "Wheat - 26-30 mln tonnes," Volik added, responding to a question.
The ministry wants government to zero the wheat export duty before July 1, 2017. It also plans to purchase up to 1 mln tonnes of grain for the intervention fund before the end of 2016.
"We sent our proposals to the government, we are discussing it. I can’t say right now whether it will happen or not (zeroing of the wheat export duty - TASS). It concerns not cancelation but zeroing of the duty until July 1, 2017," he said.
According to Volik, in the current conditions (the situation with the ruble rate and price of grain) the duty of wheat is on the minimal level and actually does not work. Nevertheless it creates the risk of uncertainty for exporters, he said.
So far the Agriculture Ministry does not plan to abolish the duty due to possible macroeconomic threats but it proposes to zero it until the end of the agricultural year and see how the market situation will develop, Volik said.
Russia’s 2016-2017 agricultural year lasts from July 1, 2016 until June 30, 2017.