News

15.07.2022

EEC Council approved balances of supply and demand for certain agricultural goods for 2022-2023

On July 15, 2022, the Eurasian Economic Commission’s Council approved consolidated indicative balances of supply and demand for certain agricultural goods for 2022-2023 - wheat and meslin, barley, corn, sunflower seeds and sunflower oil.
Joint forecasts are aimed at further convergence of export regulation measures being adopted by the Eurasian Economic Union States, and efficient functioning of the internal agro-industrial market to ensure food security.

The parties agreed to continue work on forming joint forecasts for these commodity items, as well as on preventing unilateral measures in mutual trade in terms of parameters provided for by the indicative balances being formed.