Morocco’s government council announced on Thursday it would cut customs duties on soft wheat to 30 percent from November 1 from 135 percent, backtracking on a previous announcement to abolish the duty altogether.
The duty “will help maintain the import price of soft wheat at 260 dirhams per quintal,” the government council said in a statement.
The agriculture ministry had announced on October 1 that Morocco would cancel customs duties to ensure regular supply, avert price hikes in the domestic market and help farmers better plan reserves.