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Russia - main grain exporter to Azerbaijan - PM

Economy Materials 15 March 2022 19:39 (UTC +04:00)

BAKU, Azerbaijan, Mar. 15

Trend:

Russia has been the major grain exporter to Azerbaijan since 2021, Prime Minister of the Republic of Azerbaijan Ali Asadov said during a discussion of the Cabinet's report on activities in 2021 at a plenary session of the Parliament, Trend reports.

The prime minister noted that the Russian government had raised export duties on grain.

Obviously, this led to an increase in prices for wheat and flour products. The Azerbaijani State has allocated up to 75 million manat ($44.1 million) of subsidies to cover this difference, Asadov said.

"But this was before the war. Recent world events and Russia's export ban must be taken into account. However, today it became known that Russia lifted the export ban. Azerbaijan has enough grain stocks, so I would like to note that there will be no problems with 11-12 main export products. We believe that peace will prevail and this issue will be resolved," he added.

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