The Government of Serbia has adopted a decision on the temporary ban on the export of basic agricultural food products essential for the population - wheat grains, wheat flour, corn and bran and sunflower oil.
As announced by the Government of Serbia, this decision was made in order to "respond in a timely manner to market disturbances and growth in demand, both on the world and domestic markets".
Although the President of Serbia, Aleksandar Vučić, announced a few days ago that the countries of the region, including Montenegro, will be exempted from the ban on grain and flour exports, this is not stated in today's announcement by the Government of Serbia.
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The Government of Serbia has also adopted the Decree on Limiting the Prices of Oil Derivatives, which refers to the oil derivatives euro diesel and euro premium BMB 95, and which will be valid for the next 11 days from the entry into force on March 30 - until April 11.
"The decision was made in order to prevent major disruptions and preserve the standard of living of the population, considering that in the previous period there was an increase in the prices of oil derivatives. The regulation establishes the maximum retail price and obligates business entities that carry out the activity of trading in motor and other fuels at stations for the supply of means of transport, which until the adoption of the decree delivered derivatives, to continue with the delivery exclusively by filling into the fuel tanks of the means of transport", the Government's announcement states.
The temporary decision reduces the excise duty by 20 percent from the current amount on oil derivatives - leaded gasoline, unleaded gasoline and gas oils.
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