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Serbia raises export quotas for wheat, flour

Serbia raises export quotas for wheat, flour Serbian government's press office

BELGRADE (Serbia), May 4 (SeeNews) - Serbia's government said it decided to increase the quotas for exports of wheat and flour, which were put in place to avert potential shortages caused by disruption of supply channels as a result of the war in Ukraine.

The national monthly export quota for wheat was raised from 150,000 tonnes to 220,000 tonnes, and the ceiling for exports of flour was lifted from 20,000 tonnes to 23,000 tonnes, the cabinet said in a statement on Saturday.

"This decision was made because the supply of the products on the domestic market is stable [...] and it is necessary to free storage space for new crops," the statement read.

According to a decree adopted on April 20, Serbian companies are allowed to export up to 150,000 tonnes of maize and 8 million litres of refined sunflower oil monthly.

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