Categories: WORLD

Russia to export agricultural products to ‘friendly countries’ only

Russian Minister for Agriculture Dmitry Patrushev said on Thursday that the country’s grain harvest could reach 130 million tons this year, which would be enough to cover both domestic needs and ensure export potential.

Speaking on the sidelines of the St. Petersburg International Economic Forum (SPIEF), he pointed to numerous challenges including broken supply chains and difficulties with financial calculations.

Patrushev said Russia has to overcome these obstacles in order to provide food to the countries that need it most. “Our [agricultural] products will be on foreign markets, but only in those countries that are friendly to us, that do not create hurdles and difficulties for us,” he told reporters.

Russia is expecting a bumper grain crop this year, including a record wheat harvest, President Vladimir Putin said last month. He added that a number of countries are facing the threat of famine, stressing that the blame for this situation lies entirely with “the Western elites.”

READ MORE: Bad harvest forecast for EU

The grain crisis is being felt across the globe as wheat prices have surged to record highs over the past two months. The global food market, already affected by weather and the Covid pandemic, was dealt another blow due to the Russia-Ukraine conflict and Western sanctions on Moscow. This has sparked fears of global food insecurity and hunger.

For more stories on economy & finance visit RT’s business section

© 2022, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

Fico shooter protested suspension of Ukraine military aid – Slovak interior minister

The man who critically injured Slovak Prime Minister Robert Fico on Wednesday was a fierce…

14 hours ago

No place for military blocs in Asia-Pacific – Putin

The Asia-Pacific region should be free of military blocs because of their potential to undermine…

23 hours ago

WATCH Putin lands in Beijing for talks with Xi

Russian President Vladimir Putin was welcomed with an honor guard after his plane touched down…

1 day ago

Western elites want to prosper at the expense of others – Putin

Russian President Vladimir Putin has set the stage for his state visit to China by…

2 days ago

Зеркало сайта Vavada

С каждым днем онлайн-казино становятся все более популярными среди азартных игроков. И это вполне логично:…

2 days ago

Putin officially confirms new defense minister

Russian President Vladimir Putin has officially appointed Andrey Belousov as the new minister of defense.Belousov,…

2 days ago