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NOVO-OGARYOVO, near Moscow, October 10 (Itar-Tass) — Russian government believes it would be irrational to restrict the exports of grain at the moment, Deputy Prime Minister Arkady Dvorkovich said Wednesday at a conference on the situation in the market of grain that was chaired by President Vladimir Putin.
“In this case /if Russia stops the exports – Itar-Tass/ the world market prices will hike and this will return to us in the form of inflation for imported products,” Dvorkovich said.
“You made a very distant approach right now,” Putin remarked.
“But such things have an eventual effect anyway,” Dvorkovich answered.
As he mentioned the problem of replacement of agricultural machinery, he said two process meetings had focused on it in the previous seven days alone, and one of them had been held on the sidelines of an agricultural exhibition.
“We agreed on the format of subsidies in the amount of 2 billion rubles /USD 1=RUB 32.5/,”
Dvorkovich said. “Also, we spoke about the importance of continuing the machinery fleet overhaul programs via the Rosagrolizing company.”
He admitted, however, that the government has not found the monies yet but he said active search for these finances is underway.