Russia will be flooded with bananas from Ecuador and India

Published Feb 17, 2024

Tridge summary

Russia's agricultural watchdog, Rosselkhoznadzor, has lifted all import restrictions on bananas and flowers from Ecuador, which were initially imposed due to the discovery of a dangerous pest. The ban was perceived as a retaliation against Ecuador's plan to transfer obsolete Soviet-made military equipment to the Pentagon. The lifting of the ban allows supplies from five Ecuadorian enterprises under Ecuadorian guarantees. This decision is significant as over 90% of all bananas consumed in Russia are from Ecuador. Meanwhile, Russia is also in talks with other major producers like Egypt, South Korea, China, and India to meet its banana demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rosselkhoznadzor has lifted all restrictions on the supply of bananas and flowers from Ecuador, which were introduced at the beginning of February at the request of Russian phytosanitary services. The threat of banana shortage has passed. Today, Ecuador is the world's leading exporter of bananas, with sales of about $3.5 billion in 2023—about a tenth of all Ecuadorian exports last year. According to the Associated Press, about a fifth of Ecuador's annual sales come from Russia. Recently, Rosselkhoznadzor introduced a ban on the import of Ecuadorian bananas. A carrier of dangerous infections, a polyphagous humpback fly, was suddenly discovered in the product. However, Ecuadorian President Daniel Noboa categorically denied the claims of the Russian sanitary services and said that “this is the Kremlin’s revenge” for Quito’s intention to transfer obsolete Soviet-made military equipment to the Pentagon. And all Moscow’s suspicions that the Americans will later transport it to Ukraine ...

Source: Kvedomosti