Russia Seeks to Shield Grain Exports from Ukrainian Strikes
Russia is taking measures to protect its grain exports after Ukrainian strikes affected ports and vessels in recent weeks. The Kremlin said that steps are being taken to minimize the impact of these attacks, ensuring that all grain intended for export is shipped on time and in full.
Kremlin spokesman Dmitry Peskov stated that 'measures have been identified and will be further developed,' suggesting a plan is in place to mitigate the effects. President Vladimir Putin acknowledged last week that Russia was experiencing problems with its agricultural exports but assured that there would be no shortages on global markets.
Russia estimates it has about 60 million tons of grain for export this season, and grain exports are expected to pick up in August, reaching 2.2 million tonnes after a slower July at 1.95 million tonnes, according to Sovecon consultancy. The Kremlin chief's pledge to resolve the issue comes as global wheat importers brace for tighter supplies due to attacks on Black Sea grain infrastructure.