The customs subcommittee approved a duty-free quota for the import of 160 thousand tons of chicken meat into Russia next year. This was reported by the press service of the Russian government on Thursday, November 23.
“In 2024, it is planned to exempt supplies of domestic chicken meat in the amount of up to 160 thousand tons from import customs duties,” the NSN quotes the Cabinet of Ministers as saying.
It was also decided to introduce a temporary ban on the export of durum wheat from Russia for a period of six months – from December 1, 2023 to May 31, 2024 inclusive, RT reports.
The day before, Russian President Vladimir Putin instructed the government to submit proposals for additional state support to increase the volume of poultry meat on the domestic market. He emphasized that special attention should be paid to the need to increase the volume of poultry meat production, according to the website kp.ru.
On November 17, the Ministry of Agriculture told Izvestia that in order to provide additional support for broiler production, the department had prepared a draft order providing for the expansion of the targeted use of preferential investment loans separately for broiler producers.
Thus, starting from December 1, 2023, investment loans will be available to producers of broilers and their processed products for the purchase of machinery and equipment, construction and reconstruction of poultry complexes.
A day earlier, it became known that the Federal Antimonopoly Service (FAS) of the Russian Federation is conducting anti-cartel inspections of 12 producers of chicken eggs and chicken meat, writes Moscow 24. The FAS will evaluate the actions of companies regarding the conclusion of anti-competitive agreements.
On October 26, it was reported that the Ministry of Agriculture proposed to temporarily ban the export of chicken eggs and poultry meat from Russia for six months. Doctor of Economic Sciences, leading researcher at the Center for Agricultural Policy at the Institute of Applied Economic Research (IPEI) of RANEPA Denis Ternovsky told Izvestia that the export ban will add the necessary volumes to the domestic market, while having a minimal impact on producers in comparison with other regulatory measures.