Thursday, October 6, 2016

Russia May Start Wheat Exports to Venezuela by 2017

Russia may start supplying wheat to Venezuela by the end of this year if the two sides agree on a draft food safety and phytosanitary document already prepared by Moscow, Russia's agricultural watchdog Rosselkhoznadzor said Wednesday. Venezuela relies almost exclusively on imports to satisfy its demand for wheat, the watchdog added, noting that the country imports some 120,000 tonnes of grain from the United States and Canada every month. The announcement comes a month after the Russian government said it decided to lift export duties on wheat that were imposed in 2015 to stabilize the situation on the internal grain market. More…


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