Russia introduces new payment rules for grain exports ...News

Only “friendly” nations will receive supplies which are to be paid for in rubles Russia has started selling grain abroad in domestic currency and to “friendly” countries only, the country’s largest trade and logistics operator of agricultural products reported on Wednesday. The head of the United Grain Company Dmitry Sergeev made the announcement during a meeting with President Vladimir Putin. Egypt has been the biggest client so far, and several contracts with partners in Turkey have been signed, totaling 3 billion rubles (more than $47 million), he added. "The main thing we are striving for is to stop using inte

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