Russia will increase exports of wheat to Egypt and imports of other agriculture products from it, Russian officials said on Tuesday as the two countries discussed the potential for free trade.
The move comes as Russia seeks new sources of supply after it banned most food imports from the United States, the European Union, Australia, Canada and Norway last week in retaliation for Western sanctions over the crisis in Ukraine.
“Egypt has already increased [agricultural] supplies to our market by 30 percent [and] is ready to increase [supplies] by yet another 30 percent in the near future,” Russian President Vladimir Putin said …read more
Source: Voice of America
