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ALGERIA IMPOSES BAN ON VEG OIL, SUGAR AND WHEAT EXPORTS…

The disruptions in the supply of food products due to the Russia-Ukraine war led the countries to restrict food exports. Algeria also decided to ban the export of oil, sugar and wheat.

It was reported that an export ban was imposed on oil, sugar and wheat products in Algeria. In a written statement from the Presidency, it was stated that President Abdulmecid Tebbun gave instructions on the export of food consumption products.

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Abdulmecid Tebbun

In the statement, it was reported that Tebbun ordered an export ban on food products such as oil, sugar, wheat and its derivatives and it was noted that the Minister of Justice was charged with creating a draft law that criminalizes the export of the aforementioned substances that are not produced locally.

In the statement, some incentives for farmers who are suppliers of strategic stocks of the state were pointed out.

ENOUGH UNTIL THE END OF 2022…

A few days ago, Algerian Minister of Agriculture, Abdulhafiz Heni, stated that the grain stocks in his country were sufficient until the end of 2022, due to the concerns that may arise in grain products due to the Russia-Ukraine crisis.

It is stated that Algeria, which has a wheat production of approximately 1.3 million tonnes, consumes 9-12 million tonnes of wheat annually.

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