AGL 38.35 Increased By ▲ 0.33 (0.87%)
AIRLINK 212.00 Increased By ▲ 14.64 (7.42%)
BOP 9.85 Increased By ▲ 0.31 (3.25%)
CNERGY 6.47 Increased By ▲ 0.56 (9.48%)
DCL 9.16 Increased By ▲ 0.34 (3.85%)
DFML 38.15 Increased By ▲ 2.41 (6.74%)
DGKC 100.79 Increased By ▲ 3.93 (4.06%)
FCCL 35.96 Increased By ▲ 0.71 (2.01%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.22 Increased By ▲ 6.67 (5.23%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.66 Increased By ▲ 0.34 (6.39%)
KOSM 7.28 Increased By ▲ 0.28 (4%)
MLCF 45.30 Increased By ▲ 0.60 (1.34%)
NBP 61.40 Decreased By ▼ -0.02 (-0.03%)
OGDC 232.40 Increased By ▲ 17.73 (8.26%)
PAEL 41.30 Increased By ▲ 2.51 (6.47%)
PIBTL 8.55 Increased By ▲ 0.30 (3.64%)
PPL 204.25 Increased By ▲ 11.17 (5.79%)
PRL 39.95 Increased By ▲ 1.29 (3.34%)
PTC 27.70 Increased By ▲ 1.90 (7.36%)
SEARL 107.81 Increased By ▲ 4.21 (4.06%)
TELE 8.66 Increased By ▲ 0.36 (4.34%)
TOMCL 36.40 Increased By ▲ 1.40 (4%)
TPLP 13.85 Increased By ▲ 0.55 (4.14%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.60 Increased By ▲ 1.63 (4.94%)
WTL 1.73 Increased By ▲ 0.13 (8.13%)
BR100 12,238 Increased By 511.8 (4.36%)
BR30 38,293 Increased By 1916.1 (5.27%)
KSE100 113,948 Increased By 4435.2 (4.05%)
KSE30 36,063 Increased By 1549.7 (4.49%)

MOSCOW: Russian President Vladimir Putin said Tuesday Moscow would carefully “monitor” food exports to “hostile” nations as the West pummels the country with sanctions over its military action in Ukraine.

“Against the backdrop of global food shortages, this year we will have to be prudent with supplies abroad and carefully monitor such exports to countries that are clearly hostile towards us,” Putin said at a meeting on agriculture.

The Russian leader also said that the country’s food production “fully” covered domestic needs and urged officials to ramp up import substitution.

7.1 million internally displaced in Ukraine: UN

“We need to set clear targets for import substitution and persistently pursue them in the very near future,” he said, referring to the country’s “potential” in agriculture, industry and science.

He also said it was important “to minimize the negative external effects” for Russians who should have access to “high-quality affordable food products, including fish products.”

“This is a key task for the current year.”

Developing and import-dependent countries have been heavily impacted by Russia’s military campaign in Ukraine – the two countries that account for more than a quarter of the world’s annual wheat sales.

Supply chain problems caused by the Covid pandemic have quickly worsened since Putin sent troops to pro-Western Ukraine on February 24, further adding to the price of food.

Comments

Comments are closed.