Russia warns against making agricultural exports only to friendly countries

Russia warns against making agricultural exports only to friendly countries

Apr 1 – One of the allies of Wladimir Putin warned about it this Friday Russiaa major world exporter of wheat, could Limit the delivery of agricultural products only to “friendly” countriesIn the middle of western sanctions Moscow imposed by the invasion of Ukraine.

Dmitry Medvedevwho was president from 2008 to 2012 and is now deputy secretary of the Russian Security Council, said he would like to outline “some simple but important points on food security”. in the country given the sanctions imposed.

Most of them have been part of the country’s agricultural policy for years.

“We will only supply our friends with food and agricultural products”Medvedev said on social media.

“Happily, we have a lot of them and they are not in Europe or North America.”he added.

Russia already supplies wheat mainly to Africa and the Middle East.

The European Union and Ukraine are its main competitors in the wheat trade.

The priority in food supply is Russia’s domestic market and price control at the national level, the senior official also said, specifying this agricultural deliveries to “friends” will be made both in rubles and in their national currency in the agreed ratio.

Russia has been using grain export quotas and taxes since 2021 to try to stabilize high domestic food inflation.

Already in each grain export contract, the currency of payment can vary depending on the needs of buyers and sellers.

However, Medvedev’s comment comes after Russia’s recent call foreign buyers pay for Russian gas in rubles.

Russia banned most western food imports in 2014 when it annexed Crimea from Ukraine, but can now expand the list further, Medvedev added.

(Report by Reuters correspondents. Edited in Spanish by Marion Giraldo)

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