N.Macedonia Bans Export of Some Products Due to War Situation

The government of North Macedonia has taken important decisions to deal with the economic crisis, influenced by the war situation in Ukraine. 

The Minister of Economy, Kreshnik Bekteshi, has announced the ban on the export of some products, including wheat, as well as the removal of the customs tax for the import of edible oil until the end of the year. 

"At the proposal of the Ministry of Economy, the Government in today's session brought decisions to limit the export of certain products to avoid speculative actions of traders and producers and to protect local production, the local market and citizens. The government took a decision to limit the export of: wheat and rye and flour from wheat and rye, firewood and pellets. Also, at the proposal of the Ministry of Economy, in consultation with the Ministry of Agriculture, Forestry and Water Economy, the Government again decided to remove the import tax - the customs rate for the import of edible sunflower oil due to the need to preserve the supply of the domestic market from the increase in prices", wrote Bekteshi.