Russia to limit the grain by-products imports
The Union of Millers of Russia applied to the Head of the Government of the Russian Federation Dmitry Medvedev on the import ban-list extending by including the grain by-products into it (flour and cereal flakes).
Thus, Russia is able to supply nearly 2 mln tonnes of the grain by-products on the competitive prices on the global market, which meet the international requirements. But it is impossible to export them on the EU market due to the protection measures imposed by the government (flour import duty totals 172 EUR/t, oat flakes – 182 EUR/t). Meanwhile Russia is willing to invite the corresponding commodities on its domestic market by imposing the flour and oat-flakes import duties at the level of 10% or 40-60 EUR/t.
Meanwhile, the millers applied to D.Medvedev to impose the similar conditions on the EU grain by-products imports and ban its supplies for 1 year.
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December 19, 16:50