Russia has extended its ban on rice exports until June 30, 2024.
Russia** recently announced that it will extend the ban on rice exports until June 30, 2024. This decision is aimed at guaranteeing the stability of the domestic market and protecting the interests of the country's farmers.
As one of the world's largest wheat exporters, Russia has relatively little rice exports. However, due to the continuous increase in rice on the international market, some countries have started to take measures to restrict exports in order to secure the domestic market. Russia** is also aware of this trend and has taken similar measures to protect the interests of its own farmers.
The extension of the ban will help ensure the stability of the Russian domestic market**. It said that there is an abundance of rice in the country, and the purpose of the ban is to prevent fluctuations and shortages. This measure is supported by farmers, who want to take steps to protect their interests and the market.
However, the extension of the ban may also have some impact on the international rice market. Some countries may look for other rice*** in response to Russia's ban. In addition, the extension of the ban could also lead to the loss of Russia's competitiveness in the international market.
Overall, Russia's decision to extend the ban on rice exports until June 30, 2024, is based on the needs of the domestic market and the interests of farmers. Although it has had a certain impact on the international market, the specific extent of the impact needs to be further observed and evaluated.