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Putin: Russia may export 50 mln tns of new grain

MOSCOW, Jun 24 (PRIME) Ц Russia will have a bumper crop this year and can export 50 million tonnes of grain, President Vladimir Putin said on Friday during the BRICS summit.

УOur harvest should be good. God willing, everything will be good. We are to export 37 million tonnes to the global market this year, and we will most likely be able to supply 50 million tonnes of grain to the worldТs markets,Ф he said.

The situation with transportation of Ukrainian grain is overblown. There are only 5Ц6 million tonnes of wheat and 7 million tonnes of corn blocked in Ukraine, which will not solve any problem on the global market. Russia is not preventing exports of Ukrainian grain, and is ready to ensure a safe passage of grain carriers if the Ukrainian military demines the ports, he said.

Russia is ready to fulfill the contract liabilities and export its energy, fertilizers, and grain, he added.

Putin also said that the recent spike of inflation in the world is a result of several years of irresponsible macroeconomic actions of the Group of Seven (G-7) leading industrial nations. Global trade is riddled with disputes, the international currency system is shaking, and the production and logistics chains are disrupted. The Asian, African, Latin American, and Middle Eastern countries suffer from the impact, he said.

End

24.06.2022 16:59
 
 
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