AreaBilateral/Multilateral

Commodity GroupOilseeds, oils and meals

CommoditySunflowerseed, soybeans

Date01/04/2020

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionThe 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.

NotesEURASIAN 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.