According to EastFruit, Belarus has recently introduced a ban on potato exports fearing sharp increase in prices. This decision is aimed at ensuring the country’s food security and stabilizing the domestic market.
The Ministry of Agriculture and Food of Belarus announced that the exports of potatoes will now require special permits. This measure is expected to help maintain sufficient supplies within the country and prevent price hikes.
This mirrors the critical situation observed in Russia, where highest inflation in 20 years and devaluation of currency are impacting fruit and vegetable supplies. In Russia potato prices have nearly doubled on a year and the decision of Belarus is a very unpleasant surprise to the Russians.
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The ban on potato exports in Belarus comes in response to a significant increase in potato exports mostly to Russia, which has led to concerns about potential shortages and rising prices in the domestic market. The government believes that regulating the exports of potatoes will help balance supply and demand, ensuring that Belarusian consumers have access to this staple food at reasonable prices, reports Interfax.
This new regulation is part of a broader strategy to control the export of essential agricultural products and ensure food security in Belarus.
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