Kazakhstan is scrapping restrictions on wheat and flour exports from September 10, the Government of the country announced on Thursday following the meeting of the Interdepartmental Commission.
The country introduced wheat and flour export limits in mid-April to keep the domestic market stocked and cool inflation linked to rising global food prices.
According to the data of the Ministry of Agriculture, announced at the meeting of the commission, a good harvest of crops is expected in Kazakhstan. This year, the country intends to harvest more than 13 million tons of wheat, which exceeds last year's harvest by 12%. About 6.5 million tons are required for domestic consumption.
The government said decision to remove the quotas was made Following a comprehensive discussion.
At the same time, the Kazakh government said it was introducing quotas on livestock exports. From January 21 to July 21 this year, there was a ban on the export of cattle and small ruminants from Kazakhstan.
In the 2020-2021 season, Kazakhstan exported an estimated 8.1 million tons of wheat.