Russia cannot supply flour to poor countries at competitive prices

Russia cannot supply flour through Turkey to needy countries at affordable prices, PortNews reports with reference to Arkady Zlochevsky, head of the Russian Grain Union. He called the reason for the illegal scheme that the Turkish side uses for re-export. According to him, Turkey carries out cross-subsidization of exports (compensation of low trade tariffs for one side of the transaction with higher ones for the other - ROSNG). This method of trading violates the rules of the World Trade Organization (WTO), as it is discriminatory for different participants in the transaction and a way to illegally profit. Russia for the last agricultural year set a record for the export of flour According to the expert, Turkey's prudent dumping became the reason for its world leadership in the export of flour. As Grain On-Line writes, the head of the union named Kazakhstan and Indonesia as examples of large importers of these products. According to the news agency, which quotes the head of the ...