Kremlin Takes Steps to Minimise Ukrainian Strikes on Russian Grain Exports
Russian Grain Exports Amid Ongoing Conflict
MOSCOW, Aug 24 (Reuters) - The Kremlin said on Monday that measures were being taken to minimise the impact of Ukrainian strikes on Russia's grain exports as global wheat importers brace for tighter supplies amid attacks on Black Sea grain infrastructure.
Impact of Tit-for-Tat Attacks on Grain Trade
Tit-for-tat attacks by Russia and Ukraine, both major grain exporters, on ports and vessels in recent weeks have shuttered grain terminals and forced shippers to delay or cancel loadings for dozens of cargoes during the peak export season.
Kremlin's Response to Export Disruptions
"Measures have been identified and will be further developed, ensuring that all grain intended for export is shipped on time and in full," Kremlin spokesman Dmitry Peskov told reporters.
Putin's Assurance on Global Grain Supply
President Vladimir Putin acknowledged last week that Russia was experiencing problems with its agricultural exports, but said it would resolve them. The Kremlin chief also pledged that there would be no shortages on global markets.
Export Projections and Market Outlook
Russia would have about 60 million tons of grain for export in the current season, Putin estimated. Russian grain exports are expected to pick up to 2.2 million metric tons in August from 1.95 million in July, the Sovecon consultancy said.
Reporting and Editorial Credits
(Reporting by Reuters, Writing by Felix Light and Gleb BryanskiEditing by Andrew Osborn)