Romania bans exports of cereals, energy firms’ sales
Topics: ROMANIA BAN EXPORTS CEREALS ENERGY
Romania is one of the largest exporters of cereals in the EU, selling to both European states and other markets such as Middle East countries. In 2018, Romania exported 12 million tons of cereals.
The ban is applied to all exports, but intra-EU acquisitions are allowed on condition that the destination country proves that the products are for internal or EU consumption and not redirected to third countries. In a sign that the government is determined to ban exports, it also announced that the authorities will no longer issue phytosanitary certificates that are used for exports.
Yet, the sale of majority stakes in companies included in the National Energy System is forbidden during the state of emergency period. Both decisions were included in a military ordinance announced late Thursday and they will apply after the publication in the Official Journal. ■