The FINANCIAL — Russia will cancel a temporary ban on flour exports from January1, following a government resolution issued on October 25, according to RIA Novosti.
The ban was imposed as part of a grain export ban following the country's worst drought in decades.
The ban on export of wheat, barley, rye, and corn has been extended from January 2 to June 30, 2011, the government said.
Wheat flour and wheat-rye flour was excluded from the list of goods banned from export.
Russia's Grain Union has asked the government to lift the ban on flour and cereals export at least for companies of the Siberian regions, so that they do not lose their hard-won foreign markets. The Grain Union has said Russia has enough flour for its own needs.
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