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Africa hides a huge potential for grain from Russia - Ministry of agriculture
The greatest potential for expanding its position in the grain market lies for Russia in the market of Africa and China, said Deputy Minister of agriculture of the Russian Federation Sergey Levin.
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"I believe that we have the greatest potential in the two grain markets is China, a priority in relation to the whole of South-East Asia, and deep Africa, what we call "black Africa", where we can never reach, though for logistics, we are quite competitive," Levin said on the sidelines of the conference Future Investment Initiative (FII) in Riyadh.

He noted that the Russian Federation now develops basically only North Africa, whereas in this region there are many countries that consume large amounts of food.

"For example, Nigeria is a very large market. Yes, a lot of countries, the same as Uganda. But we don't know these markets as yet, we have to learn and to provide its presence there", - said the Deputy head of the Ministry of agriculture.

"In Africa, of course, very strong competition with the French, especially in the Western part. Because these markets are the French traditionally consider their own. But we are there and good competitive advantages on the part of the logistics will work," he concluded.

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Friday, 07 August 2020
Thursday, 06 August 2020
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