News

Russia uses grain as a weapon

Published Mar 26, 2024

Tridge summary

The European Commission is taking decisive action to mitigate Russia's use of food as a geopolitical weapon amidst the Ukraine conflict by planning to impose import duties of 40 to 50% on Russian and Belarusian grain and oilseeds. This strategy aims to protect the EU's agricultural market, support Ukraine, and assist local farmers in front-line states such as Poland, Romania, and Slovakia, without significantly impacting bread prices within the EU. Additionally, these measures are designed to cut down the financial gains Russia has been making through its grain exports to the EU, which have been contributing to the funding of its military actions.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission is now trying to turn the tide by restricting the import of Russian grain and oilseeds. Despite the war, that grain was imported, mainly by Italy, Spain and France. The Center for International Food Studies concluded in a recently published study that Russia is disrupting agricultural markets. According to the authors of the report, former President Medvedev is the great architect of the 'food as a weapon' strategy. Grain from Ukraine had to be replaced by grain from Russia. To achieve this, Russia has set up a special food program, sending free grain to countries in Africa and Asia. For example, Minister Lavrov (Foreign Affairs) has made agreements with Brazil and Mexico, among others. Fear of famine Russian grain exports have been left alone by Brussels for the past two years because of fears that a global famine would break out. At the beginning of the war, the price of grain also rose dramatically, mainly due to the loss of exports from Ukraine. ...
Source: Boerderij
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