News > Russia may provide trade finance to importers of its grains

Russia may provide trade finance to importers of its grains

Dais Newsfeed | 04/10/2022 02:14 PM | Click to read full article

Russia is planning to provide trade finance to importers of its grain as sanctions imposed on Moscow since it sent troops to Ukraine affect this financial instrument. 

Some importers of Russian grain are currently paying in roubles or their local currency, and the number of such deals is rising every month, Agriculture Minister Dmitry Patrushev said. Egypt and Turkey are the largest buyers of Russian grain.

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