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Russia’s government to impose grain export duties – Medvedev

Wednesday, December 24
Russia’s government is due to introduce administrative restrictions on grain export which will be of a temporary character, Russian Prime Minister Dmitry Medvedev said on Monday, APA reports citing TASS.

“It’s time to think of introducing administrative restrictions on the export (of grain),” Medvedev said at a government meeting. He has asked Deputy Prime Minister Arkady Dvorkovich to prepare the particular proposals.

“Of course, this needs to be done correctly and agreed with the leading exporters, the decision should be temporary,” he stressed, adding that the move should be “flexible.”

“We have prepared proposals on imposing grain export duties and they will be submitted to you within 24 hours,” Dvorkovich responded.

With this year’s grain harvest at 104 million tons, the export potential allowing for state support of the domestic grain market is estimated at 28 million tons, Vice-Premier Dvorkovich said.

By now, Russia has already exported 21 million tons of grain, the vice-premier said. (News.Az)