The Russian government has imposed a 10% duty on flax and quotas for the export of corn.

The government has imposed a temporary export duty on oilseed flax and approved regional quotas for corn exports. This was announced on October 4 by the press service of the Cabinet of Ministers.

"The government has introduced a temporary customs duty on the export of oilseed flax from Russia outside the Eurasian Economic Union. According to the signed decree, the export duty rate will be 10% of the customs value of raw materials," the press service said on the website.

This measure will be in effect until August 31, 2026, the decision will help stimulate flax processing and maintain a balance between the domestic market and exports.

In addition, the Government of the Russian Federation has established tariff quotas for duty-free export of corn from Primorsky Krai and Amur Region. Now it will amount to 280 thousand tons from the Primorsky Territory, and 130 thousand tons from the Amur Region.

The measures are valid until December 31 of this year and are aimed at helping local producers sell surplus products abroad in the absence of domestic demand.

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