Agriculture & Food

Uzbekistan Newspaper Network reported on June 1 that Uzbekistan President Mirziyoyev signed the "Order on Supplementary Measures to Guarantee Price Stability in the Consumer Market and Improve the Effectiveness of Anti-monopoly Measures" on May 31, deciding that from June 1, including Edible oils including cottonseed oil, sunflower oil, and sunflower seed and other oil crops are exported. The Ukrainian cabinet has the right to lift the export restrictions when the domestic market of the above-mentioned goods is adequately supplied.

In this regard, Ukrainian Deputy Finance Minister Sultanov said that all countries are taking measures to ensure food security. The current global trend is to restrict or prohibit food exports. India began to restrict sugar exports last week. Russia announced a ban on sunflower and rapeseed exports at the end of March this year, and imposed an export quota of 150 tons for sunflower oil and sunflower feed. Ukrainian sunflower oil is mainly imported from Russia and Ukraine, and the oilseed raw materials used by Ukrainian domestic producers are also mainly imported from the above two countries and Kazakhstan.