Serbia to lift ban on wheat exports

A Serbian government decree prohibiting export of wheat expires on June 16 and will not be extended.

Izvor: Tanjug

Monday, 13.06.2011.

17:15

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A Serbian government decree prohibiting export of wheat expires on June 16 and will not be extended. This was announced by Agriculture Minister Dusan Petrovic in Belgrade on Monday. Serbia to lift ban on wheat exports "There are no risks posed to the domestic market concerning the supply of flour, bread and flour products," he told a news conference at the government headquarters. Petrovic also announced that new regulation was currently in procedure that would regulate the wheat export sector, and that the balance of the grain amounted to some 300,000 tons "a few days ago". The minister stated that the government was right to ban exports, "because otherwise in the first half of May there would not have been domestically produced wheat in Serbia". Such an outcome would have disturbed the supply, said he. "We protected the market in its entirety and we will protect the whole population, taking into account all individual interests, those of producers, and milling and baking industries," the minister explained. Petrovic concluded by saying that when it comes to wheat, the country will have sufficient capacities in 2012 "to eliminate all possible risks and secure stability of the market supply". Dusan Petrovic (Tanjug)

Serbia to lift ban on wheat exports

"There are no risks posed to the domestic market concerning the supply of flour, bread and flour products," he told a news conference at the government headquarters.

Petrović also announced that new regulation was currently in procedure that would regulate the wheat export sector, and that the balance of the grain amounted to some 300,000 tons "a few days ago".

The minister stated that the government was right to ban exports, "because otherwise in the first half of May there would not have been domestically produced wheat in Serbia".

Such an outcome would have disturbed the supply, said he.

"We protected the market in its entirety and we will protect the whole population, taking into account all individual interests, those of producers, and milling and baking industries," the minister explained.

Petrović concluded by saying that when it comes to wheat, the country will have sufficient capacities in 2012 "to eliminate all possible risks and secure stability of the market supply".

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