Rising food prices: Russia plans to triple grain exports in 2023

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Rising food prices: Russia plans to triple grain exports in 2023
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Russian Deputy Prime Minister Victoria Abramchenko announced on Monday that the government would want to triple its grain exports in 2023.

According to Abramchenko, the planned increase is due to a record harvest in Russia this year, which, was set to reach over 150 million tons.Rising food prices, in big part due to Russia’s war against Ukraine, which had disrupted food shipments, had fuelled international fears of famine in the poorest countries.The agreement on the export of Ukrainian grain negotiated in the summer expired on Saturday. Its continuation hangs in the air.

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