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Kazakhstan to lift food export restrictions

Business Materials 19 May 2020 16:08 (UTC +04:00)
Kazakhstan to lift food export restrictions

BAKU, Azerbaijan, May 19

By Nargiz Sadikhova - Trend:

Kazakhstan is planning to lift restrictions on export of flour, grain and other food items from June 1, 2020, Kazakhstan’s Minister of Agriculture Saparkhan Omarov said, Trend reports with reference to the press office of Kazakhstan’s prime minister.

Omarov made the statement during a press conference held on May 19, 2020.

“Restrictions and quotas were introduced during the emergency to ensure country's food security, but now as the emergency state is being lifted and due to the fact that the country is now fully provided with food products, the ministry plans to remove all restrictions and prohibitions from June 1. The relevant order is under discussion and is up for approval,” Omarov said.

On April 3, 2020 Kazakhstan’s Ministry of Agriculture announced the volume of wheat and flour permitted for export in April 2020.

The ministry said that 200,000 tons of wheat and 70,000 tons of flour were permitted to be exported from the country in April.

At the same time, traders must supply 30 percent of the exported volume to the local market by set prices. A ton of 3 and 4-class wheat for the local market must be sold for 84,000-86,000 tenge ($187-196).

In turn, flour must be sold for 120,000 tenge ($268) per ton in Akmola, North Kazakhstan, Kostanay, Pavlodar, East Kazakhstan, Karaganda regions and Nur-Sultan city, and for 130,000 tenge ($290) in other Kazakh regions.

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