Russia to ban hard wheat exports as of Dec 1, set quota for grain exports in 2024 at 24 mln t - customs subcommittee

MOSCOW. Nov 23 (Interfax) - Russia's subcommittee for customs tariff regulation has made a number of decisions to protect the domestic market and increase the supply of products.

The subcommittee supported a proposal from the Agriculture Ministry and Economic Development Ministry to impose a tariff quota of 24 million tonnes on exports of key grains - wheat, barley, corn and rye - in the period from February 15 to June 30, 2024, the government said in a press release.

The quota will not apply to exports to other Eurasian Economic Union countries.

The subcommittee also supported a proposal from the Agriculture Ministry to impose a temporary ban on exports of hard wheat for six months, from December 1, 2023 to May 31, 2024, as well as impose a quota of 160,000 tonnes on duty-free imports of chicken meat in 2024.