Government Approves Regulations for Oilseed Crops
29.12.2022 at 8:05 AM
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At its 42nd session on December 6, 2022, the Council of Ministers approved the Regulation for Oilseed Crops.
This regulation responds to the lack of specific legislation and a functional structure along the oilseed value chain. The approved instrument establishes and defines rules and procedures for the production, marketing, transportation, storage, processing, import and export of oilseeds.
The structuring of the oilseed value chain, through this regulatory instrument, will allow the country to exploit the existing potential for oilseed production geared towards import substitution and the growth of the edible oil industry, animal feed, biofuels and other complementary industries, to satisfy the ever-growing demand on the domestic and international markets.
With the implementation of this regulation, it is hoped to create a favorable environment for the inclusive and sustainable development of the oilseeds value chain, allowing the country to take advantage and generate socio-economic benefits in the short, medium and long term.