Wednesday 24 September 2014

Agricultural trade between Russia, China, Brazil steps up

We all knew there would be a vacuum to be filled after Russia banned agricultural products from the countries which had slapped sanctions on her -- the USA, EU, Canada and Australia (with Germany, Poland, the Netherlands, France, Italy and Spain being the biggest losers in the tit-for-tat move).

It is with interest we read this evening that China and Brazil have begun (or are about to begin) stepping into the gap. China will supply vegetables and fruit, and import grain, rapeseed (canola) and honey from Russia. Brazil will supply dairy products (and surely meat products? Russia used to be a major market for Brazil until 2011). Brazil will in turn import fish and grains from Russia.

On RT, find the Russia-China and Russia-Brazil articles.

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