Russia needs regulations for grain exports to control rising food prices – Putin ...News

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Russia needs regulations for grain exports to control rising food prices – Putin
Russian President Vladimir Putin has called for the creation of a mechanism for regulating grain exports, to help domestic agriculture and curb rising food prices on the domestic market. “Russia is one of the largest exporters of commodities,” he said, during a meeting with Minister of Economic Development Maxim Reshetnikov this week, mentioning energy and agriculture as examples. “We focus on the exchanges located outside the country, with grain as an example. The situation in the global food market is worsening,” Putin said, stressing that there is a need to establish a mechanism to help domestic agriculture.

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