Kazakh Agriculture Minister Yerbol Karashukeyev on Saturday stated
the ministry believes the boundaries on the export of wheat and flour,
that are in place till the tip of September, could possibly be eliminated,
Development stories
citing TASS.

The nation imposed restrictions on the export of flour and
wheat in April. They had been first alleged to be in impact till June
15, then had been prolonged till September 30.

“In September, overseas markets for Kazakhstani grain and flour
might reopen. The Ministry of Agriculture proposes to the
interdepartmental fee on overseas commerce coverage to contemplate
the potential of eradicating restrictive measures for the export of
wheat and flour. Our initiative will likely be mentioned subsequent week on the
subsequent assembly of the fee,”the minister stated on Fb.

Karashukeyev stated the export quota is 550,000 tons for grain
now, and 370,000 tons for flour. “When these restrictions had been
launched, we initially tried to guard the home market
from the meals disaster, given the tough worldwide scenario.
As well as, it wasn’t clear on the time what harvest Kazakhstan
may count on,” he stated.

The minister stated the scenario has now modified, because the
forecasts for the harvest of wheat are optimistic and quantity to
about 13 million tons, which is considerably greater than within the
earlier yr of poor harvest. “Due to this fact, we think about it
applicable to present the go-ahead to agricultural producers to promote
grain and flour overseas. This yr’s harvest, given the remaining
inventories from the final yr’s crop, will likely be sufficient for each the
Kazakh and overseas markets. Due to this fact, we’re ready for the
assembly of the fee and hope that we’ll be absolutely supported
and all restrictions on exports will likely be lifted in September,” the
official stated.