EEC Lifts Export Restrictions on Soybeans

The Eurasian Economic Commission lifted restrictions on exports of soybeans, a June 12 U.S. Department of Agriculture Foreign Agricultural Service report said. The measure allowed soybeans exports from the Eurasian Economic Union as of June 1, USDA said. The soybeans were previously restricted under a temporary EAEU ban on a range of food products due to the COVID-19 pandemic. That ban is expected to end June 30. The EAEU includes Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan. The EEC is its regulatory body.