Uzbekistan lifts duties on imports of wheat flour, vegetable oils and other products

On 30 December 2021, the Government of Uzbekistan adopted Decree PP-73, which exempts from custom duties the imports of wheat flour, vegetable oils and other products. The exemption is valid until 31 December 2022. The country imports on average about 35 percent of its domestic consumption needs of wheat, mostly from neighboring Kazakhstan. In Kazakhstan, export prices of milling wheat increased sharply between June and October 2021, reaching eight-year high levels, and declined in November and December but remained about 20 percent above their year-earlier levels.