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The ban on export of wheat from Russia will have no impact on the EU grain market

18. August 2010. | 09:48

Source: Itar-Tass

The ban on export of wheat from Russia will have no effect on the grain market of the EU. , Said European Commission spokesman Frederic Vincent.

The ban on export of wheat from Russia will have no effect on the grain market of the EU. , Said European Commission spokesman Frederic Vincent.

"The EU imports of less than 1 million tons of grain from Russia, while domestic grain production in the EU countries range from 280 million to 300 million tonnes a year - he said.- Thus, the prohibition of the Russian authorities will not have virtually no impact on the market of cereals EU.

He also noted that the grain harvest in the EU in 2009 was extremely good, and in the EU member states have a substantial margin of grain.

"At the same time, he did not answer the question, Is it possible to exit the EU on the Russian market as an exporter of grain this year, citing the lack of information.

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