[Regnum] Kazakhstan will not extend the previously introduced restrictions on the import of wheat from Russia and will resume imports from January 1. This was reported by the Eldala.kz portal with reference to data from the republic's Ministry of Agriculture.
The restrictions were introduced from August 21 until the end of 2024.
The import of Russian wheat will be carried out under strict control of the situation on the domestic market. If necessary, regulatory measures will be introduced, the Ministry of Agriculture of Kazakhstan noted. The resumption of restrictions may be influenced by grain reserves, the level of supply and demand on the market, the need to protect the interests of domestic producers and the fight against gray imports.
As reported by the Regnum news agency, the ban on imports of wheat from Russia and other countries of the Eurasian Economic Union to Kazakhstan is dictated by the need to stabilize prices on the domestic market. This was stated on October 23 by Deputy Prime Minister of Kazakhstan Serik Zhumangarin.
Russian President Vladimir Putin said in September that the country's projected grain harvest this year was 132 million tons, up from 148 million tons a year earlier. Domestic consumption is expected to be up to 90 million tons.
According to the head of the Ministry of Agriculture Oksana Lut, the country will be able to export up to 60 million tons of grain this year.