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Russian cabinet imposes temporary ban on export of grain, sugar to EAEU, third countries

The grain ban covers wheat and maslin, rye, barley and corn

MOSCOW, March 14. /TASS/. Russian Prime Minister Mikhail Mishustin signed orders to temporarily ban export of grain to EAEU states and export of sugar to thirds states, the government press office announced Monday.

"Russia introduces a temporary ban for export of grain to EAEU countries, and on export of white sugar and raw sugarcane sugar to third countries. The corresponding orders were signed by Prime Minister Mikhail Mishustin. The restrictions on grain will remain in effect until June 30, on sugar - until August 31, 2022," the statement says.

According to the press office, the grain ban covers wheat and maslin, rye, barley and corn.

The restrictions include a number of exceptions.

"For example, shipment of these products will be allowed for humanitarian aid and within international transit shipment," the government underscored.

On March 10, the export ban was approved by the Government Commission on economic development and integration’s Subcommission on customs tariff and non-tariff regulation and foreign trade protective measures.

"The decision was made in order to protect the domestic food market amid external restrictions," the statement says.

Previously, the media reported that, according to Russian Ministry of Agriculture, Russia’s internal supply of grain exceeds 150%. Meanwhile, the temporary ban will make it possible to prevent diversion of agricultural products, considering that the EAEU countries have already made necessary purchases under duty -free treatment, the Ministry of Economic Development reported on March 10.