Russia is committed to expanding cooperation with grain-importing countries, including Bangladesh, based on the principles of mutually beneficial partnership, said the Russian Embassy in Dhaka.
Stable growth in Russian crops supplies, even against the backdrop of
instability in the global food market fuelled by counterproductive sanctions,
demonstrates that commitment, said the Embassy in a media release on Tuesday.
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September 2022 saw a G2G (government to government) contract between Russian and Bangladesh government agencies for the supply of 5 lakh tonnes of wheat.
Out of this amount, 2.17 lakh tonnes have already been shipped, supplemented by 2.43 lakh tonnes secured through private deals.
As of November 1, 2022, the shipments of Russian wheat to Bangladesh have totaled to 4.6 lakh tonnes, with the 4.4 times increase from 105,000 tonnes a year earlier, according to the Russian Embassy.
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According to the Russian Grain Union, from October 1 to October 23, 2022, Russia exported 4.13 million tonnes of wheat, which is 57% higher than in the same period last year.
October 2021 saw the overall wheat export of 2 million 637 thousand tonnes.
On October 28, 2022, the Russian Foreign Ministry issued an official statement indicating, that Russia is ready to export about 30 million tonnes of grain, primarily wheat, by the end of 2022, and to increase deliveries up to 50 million tonnes in the light of the rich harvest this year.
About 10.5 million tonnes of grain (77% wheat) have already been dispatched to Asia (62%) and Africa (33%).
Source: United News of Bangladesh