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Tuesday, September 23, 2014

Russia trades grain for Egyptian and Turkish fruit and vegetables

Russia trades grain for Egyptian and Turkish fruit and vegetables

Moldova is facing big problems. The country saw the export increase in the first months of this year, mainly to Russia, but is now being hit hard by the Russian boycott. Because the country isn't an EU member, it's on its own. Moldova is working hard to meet Russian demands, and reports say that the sanctions could be lifted if Moldova meets the Russian demands. On the other hand, the Russians are threatening to boycott Ukraine if Moldovan produce enters Russia through that country. In several regions, large investments are made to increase production, in order to become self-sufficient. And to promote import, import duties for Turkey have been lowered, Egypt is trading fruit and vegetables for grain, and Pakistan is visited to look at the possibilities.

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