Markets and trade
 

Detail

Area
Bilateral/Multilateral
Commodity Group
Oilseeds, oils and meals
Commodity
Sunflowerseed, soybeans
Date
01/04/2020
Policy Category
Trade
Policy Instrument
Export policy
Description
The Eurasian Economic Union banned, until 30 June 2020, exports of a number of agricultural products, including sunflower seed and crushed and uncrushed soybeans, in a bid to secure supplies and stabilize consumer prices within the customs union during the COVID-19 emergency.
Notes
EURASIAN ECONOMIC UNION – export restriction (COVID-19 related, temporary measures): In response to the coronavirus pandemic, the customs union comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan and the Russian Federation banned exports of a number of agricultural products, including sunflowerseeds and crushed and uncrushed soybeans. Aimed at stabilizing prices within the customs union, the measure came into force on 12 April and was set to last through 30 June. Regarding the Russian Federation, unofficial sources reported delays in the issuance of export certificates for sunflowerseed from the last week of March onward.