Sharp rise in Russian food exports reported

RT.com
23 Sep 2022, 15:35 GMT+10

It comes despite geopolitical tensions, the deputy minister of agriculture says

Volumes of agro-industrial exports by Russia have been rising, despite global geopolitical difficulties, jumping 17% as of September in annual terms, Russian Deputy Minister of Agriculture Sergey Levin said on Wednesday.

In particular, the supply of oil and fat products increased by 29%, while the export of meat and dairy products surged by more than 20%.

Levin said all major buyers of Russian agricultural products had been boosting purchases. Supplies to Turkey have risen by 30%, and exports to China are up 27%, while imports by India have more than doubled.

"Russia retains its status as one of the largest food suppliers to the world market and the guarantor of world food security," the deputy minister said. "Exports are growing despite serious difficulties for foreign trade in general, despite the imposition of unlawful sanctions by unfriendly states, primarily financial and logistical restrictions, restrictions on the work of our ports and transport companies," he explained.

Western sanctions imposed on Russia have been disrupting supplies on the world market, threatening to exacerbate the global food crisis.

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

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.

More Information

27 ℃

Fair in Shanghai/Hongqiao

International

Section

Cyclone roars through Canada with 80 mph winds, damage called heavy

HALIFAX, Canada: Cyclone Fiona struck northeast Canada this weekend, with reports of houses being washed into the ocean, roofs torn ...

Royals reveal details of Queen Elizabeth II's final resting place

LONDON (CNN), 24 September 2022 - Buckingham Palace has released a photograph of Queen Elizabeth II's final resting place within ...

EU considers new sanctions against Russia, including cap on gas prices

BRUSSELS, Belgium: In response to a new escalation in Russia's war against Ukraine, the European Union is considering an oil ...

Invincible Defense Technology to put warring parties on path to peace

Longstanding divisive issues between Azerbaijan and Armenia resulting from or related to the Nagorno-Karabakh conflict remain unresolved, despite continuing efforts ...

US to seek death penalty against alleged New York bike path killer

WASHINGTON D.C.: The U.S. government said it will seek the death penalty for Sayfullo Saipov, the man charged with running ...

Hong Kong expected to reduce strict COVID-19 quarantine policy

HONG KONG: To keep the city connected with the rest of the world, while ensuring an "orderly opening-up," Hong Kong ...

Asia Pacific

Section