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Western sanctions continue preventing Russian agricultural export — Foreign Ministry

Russia’s share in the global food markets structure is much greater than the Ukrainian one

Russian Foreign Ministry Sergei Fadeichev/TASS

Russian Foreign Ministry

© Sergei Fadeichev/TASS

MOSCOW, August 26. /TASS/. Western sanctions continue preventing exports of Russian agricultural produce and fertilizers to global markets, the Russian Foreign Ministry said on Friday.

Much has to be done in order to implement the memorandum between Russia and the UN on exports of Russian agricultural products and fertilizers, the Ministry said. "Despite statements made by Washington and Brussels that anti-Russian sanctions do not apply to foodstuffs and fertilizers, blocking obstacles to banking settlements, insurance and carriage of cargo occurred as a result of their introduction still remain in place," the Ministry added.

Russia’s share in the global food markets structure is much greater than the Ukrainian one, the Ministry said. "In 2021, grain exports stood at 43 mln tonnes, while it is planned to increase this figure to 50 mln tonnes of products in this year," the Ministry noted. "For the time being, 7-8 mln tonnes of fertilizers and raw materials sufficient to produce food for 100 mln people remain blocked at shipping terminals because of Western sanctions," the Foreign Ministry added.

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Georgian president vetoes bill on foreign agents

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Legitimate Ukrainian president needed to sign any agreements, says Putin

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US President Joe Biden officially announces re-election bid

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