Russia May Provide Finance To Its Grain Importer

According to Agriculture Minister Dmitry Patrushev, Russia may start offering trade credit to grain importers 

As sanctions imposed on Moscow after it sent troops to Ukraine impacted this financial instrument.

Patrushev stated that “Russia is collaborating with Eximbank as well as the Russian authority for credit facilities and investment insurance,” 

"to give financing to foreign enterprises for the purchase of our products," “We'll be able to sell a lot as a result of this.”

According to Patrushev, more buyers of Russian grain are now making payments in rubles or their own currency each month.

The two countries that buy the most Russian grain are Egypt and Turkey.

Patrushev said his ministry would make measures to maintain the smooth operation of the farming industry.

Patrushev, the Agriculture Minister and also the son of Russia's Security Council secretary said this in an interview with RBC business daily.

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