Agriculture Minister believes port terminals will allow Russia to increase grain exports by 30 mln tonnes

30.11.2017

Construction of new port terminals in the Far East, Trans-Baikal and southern Russia will allow to increase grainshipments by 30 mln tonnes in 5 years, Minister of Agriculture Alexander Tkachev said on Tuesday.

Construction of new port terminals in the Far East, Trans-Baikal and southern Russia will allow to increase grainshipments by 30 mln tonnes in 5 years, Minister of Agriculture Alexander Tkachev said on Tuesday.

"In terms of developing port facilities, we see potential in construction of the Trans-Baikal terminal in Vladivostok, in the Asian direction. We will increase capacities in Novorossiysk after, a new port is under construction in Taman, which will give an additional 30 mln tonnes of grain for export in the next five years," he said.

According to the forecast of the Russian Agriculture Ministry, in 2017-2018 agricultural year, which will end on June 30, Russia will export 45 mln tonnes of grain, including 35 mln tonnes of wheat. The Minister also confirmed the forecast for a record grain harvest in Russia this year - over 130 mln tonnes.

"Whether we can keep this bar depends on weather conditions, farming standards. Our task, however, is a matter of honor - not to decline in terms of annual grain harvest level below 120 mln tonnes," the Minister said.


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