Thursday, December 13, 2012

Saudi Arabia lifts ban on chicken exports


    Saudi Arabia has lifted its ban on chicken exports, but the country's Ministry of Commerce and Industry has said that exporters must abide by the rules for exporting subsidized goods.
    Poultry farms wanting to export should return the subsidy of SR 2,000 (US$533) per ton, said the ministry. The ban was previously implemented due to rising poultry prices in the local markets. The ministry has emphasized the need to meet local demand for all goods and ensure the supply of products at reasonable prices.

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