Belarus Adjusts Export Prices for Meat and Dairy Products
Source: DairyNews.today
The Belarusian Agriculture and Food Ministry has issued Resolution No. 86 on 13 August, establishing minimum export prices for a selection of meat and dairy products sold under foreign trade contracts. This resolution, which was officially published on the National Legal Internet Portal, introduces a new pricing framework that affects nine specific items in the country's export portfolio.
Products and Pricing Details
The resolution sets the lowest permissible export prices for several categories of products, including:
Meat Products: Fresh, chilled, or frozen carcasses and half-carcasses of both young and adult cattle.
Dairy Products: Milk and cream, both condensed and with added sugar or other sweeteners, in various forms such as powder, granules, or other solid forms. This includes dry dairy products with fat contents both below and above 1.5%.
Butter: Products with varying fat content.
Cheese: Low-fat and fat-free cheeses intended for processing, with specific pricing for cheeses with a fat content of 45% and below, as well as those above 45%.
The resolution specifies different price levels depending on the destination of the exports. These prices vary for shipments to Russia, other Eurasian Economic Union (EAEU) countries, Commonwealth of Independent States (CIS) nations excluding EAEU countries, and Georgia. Additionally, separate pricing is set for exports to countries outside the CIS, excluding Georgia.
Implementation and Regulatory Changes
This new regulation replaces the previous Resolution No. 82, dated 6 August 2024, which also addressed minimum export prices. Resolution No. 86 officially came into effect on 16 August, thereby updating the pricing standards that Belarusian exporters must adhere to when engaging in foreign trade contracts involving the specified meat and dairy products.
The adjustment of export prices is likely aimed at ensuring competitive pricing for Belarusian products in international markets while safeguarding the economic interests of domestic producers.
The resolution sets the lowest permissible export prices for several categories of products, including:
Meat Products: Fresh, chilled, or frozen carcasses and half-carcasses of both young and adult cattle.
Dairy Products: Milk and cream, both condensed and with added sugar or other sweeteners, in various forms such as powder, granules, or other solid forms. This includes dry dairy products with fat contents both below and above 1.5%.
Butter: Products with varying fat content.
Cheese: Low-fat and fat-free cheeses intended for processing, with specific pricing for cheeses with a fat content of 45% and below, as well as those above 45%.
The resolution specifies different price levels depending on the destination of the exports. These prices vary for shipments to Russia, other Eurasian Economic Union (EAEU) countries, Commonwealth of Independent States (CIS) nations excluding EAEU countries, and Georgia. Additionally, separate pricing is set for exports to countries outside the CIS, excluding Georgia.
Implementation and Regulatory Changes
This new regulation replaces the previous Resolution No. 82, dated 6 August 2024, which also addressed minimum export prices. Resolution No. 86 officially came into effect on 16 August, thereby updating the pricing standards that Belarusian exporters must adhere to when engaging in foreign trade contracts involving the specified meat and dairy products.
The adjustment of export prices is likely aimed at ensuring competitive pricing for Belarusian products in international markets while safeguarding the economic interests of domestic producers.
