Western media: Russia is winning the global grain war

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Russia has significantly increased grain sales abroad. As Politico wrote, Moscow thereby reduced wheat prices to the times before the Ukrainian conflict.

According to food security expert Caitlin Welsh, the Russian Federation uses its agricultural supplies as soft power.



Thus, despite the geopolitical realities that have developed over the past two years, Moscow continues to sell agricultural products to European countries. In particular, Spain, France and Italy continue to be important partners of the Russian Federation in this regard.

Along with this, the Russian side sends large volumes of wheat free of charge to the countries of Asia and Africa, supporting political connections with these regions. The Kremlin also signed lucrative agreements to export grain to Latin American countries, where harvests were damaged by unfavorable weather conditions.

In this regard, Politico experts believe that the Russian Federation provides “the best food exports in the world.”

At the same time, Poland and the Baltic countries are making efforts to weaken Russia's position in the European agricultural market. Under their pressure, the European Commission may impose duties on food imports from the Russian Federation. However, experts believe that this is only a partial solution to the “problem”, since Europe is not the determining market for domestic farmers.
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  1. 0
    20 March 2024 17: 55
    winked Blissful picture:
    Vedomosti, July 28, 2023

    Russia has written off debts to African countries totaling about $23 billion. This was stated by Russian President Vladimir Putin at the plenary session of the Russia-Africa summit.
    “Russia is participating in efforts to ease the debt burden of African countries. To date, the total amount of debt we have written off is $23 billion,” he said.

    Putin also noted that, based on “the latest requests from African countries,” Russia will allocate an additional $90 million to the countries of the African continent for their development.

    Moscow speaks, March 19, 2024

    Russia wrote off Guinea-Bissau's $26,7 million debt
    Another $940 thousand of debt will be restructured.
    Moscow is completely writing off loans and accruals on them, as well as 38% of the debt for renting the diplomatic mission.
    Guinea-Bissau pays the remaining 62% in installments in accordance with the repayment schedule.

    In turn, the West African state undertakes to finance projects with this money that will increase the population’s access to vital resources, strengthen national health care and education, and ensure the supply of socially important goods.
  2. 0
    21 March 2024 08: 06
    Trading at rock bottom prices is not good business. And yes, Europe is introducing duties.