Posted inRussia

Food fight: Russia’s ‘grain diplomacy’ reshaping global markets

Russian President Vladimir Putin’s “grain diplomacy” continues to cause headaches for the European Union while potentially reshaping global trade dynamics and markets more in Moscow’s favor. Significantly, the European Commission has recently proposed to increase tariffs on certain Russian and Belarusian agricultural goods, including cereals and oilseeds, to discourage the current level of EU imports. […]

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