In Latvia, the import of Russian grain has increased sharply

Published 2023년 10월 31일

Tridge summary

The import of grain from the Russian Federation, particularly corn, has significantly increased in Latvia this year. Despite the European Union imposing sanctions on Russia, these do not apply to the export of agricultural products. On the other hand, the export of Ukrainian grain is facing obstacles as Russia blocks its shipment from Black Sea ports, benefiting Russia's own agricultural exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, the import of grain from the Russian Federation in Latvia has increased sharply. The import of corn increased in particular. This is written by Rail.insider with a link to Tvnet.lv. The European Union has imposed large-scale sanctions on the Russian Federation, but they do not concern the export of agricultural products. In turn, the export of Ukrainian agricultural products is significantly complicated, because the Russian Federation blocks the export of Ukrainian grain from the Black Sea ports. Studies show that the Russian Federation uses this situation to its advantage. For example, Russian wheat now accounts for 24% of world wheat exports, compared to 16% of the market before the full-scale invasion of Ukrainian territory. At the beginning of October, the State Security Service confirmed that the increase in the import of grain and peas from Russia had attracted its attention, but could not provide further comments on this matter. According to the Central ...
Source: Agroconf

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