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Kazakhstan officially lifts food export restrictions

Business Materials 29 May 2020 14:53 (UTC +04:00)
Kazakhstan officially lifts food export restrictions

BAKU, Azerbaijan, May 29

By Nargiz Sadikhova - Trend:

Kazakhstan’s Minister of Agriculture has signed a decree officially lifting restrictions on export of agricultural goods, Trend reports with reference to the ministry.

By the decree, the restrictions are to be lifted since Jun.1, 2020.

Earlier this month, Kazakhstan’s Minister of Agriculture Saparkhan Omarov said that restrictions and quotas have been introduced during the emergency to ensure country's food security, but as the emergency state is lifted and the country is fully provided with food products, the ministry planned to remove all restrictions and prohibitions from June 1.

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.

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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