Kazakhstan removes restrictions on grain & flour exports

Kazakhstan has decided to remove restrictions on the exports of grain and flour and establish a quota for the export of cattle and small cattle, Report informs citing Interfax.

The relevant decision was made at a meeting of the Kazakh Interdepartmental Commission on Foreign Trade Policy and Participation in International Economic Organizations (IEC).

According to the information the Ministry of Agriculture presented at the meeting of the IEC, a "good grain harvest" is expected in Kazakhstan.

"This year it is planned to harvest more than 13 million tons of wheat, which exceeds last year's harvest by 12%. For domestic consumption, about 6.5 million tons are required. Following a comprehensive discussion of the expediency of removing quantitative restrictions (quotas) on the export of wheat and meslin, wheat flour, it was decided to lift restrictions on the export of grain and flour from September 10, 2022.

This restriction was introduced by order of the Ministry of Agriculture from July 8 to September 30, 2022.