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Russia signs bumper grain deal with Middle Eastern ally 

by Admin
November 10, 2023
in News, Politics, World
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Published: November 10, 2023 7:02 am
Author: RT

Syria is looking to expand trade ties with Moscow, the country’s agriculture minister has said

Syria has struck a major grain import deal with Russia, the Middle Eastern country’s agriculture minister, Mohammed Hassan Qatana, told RIA Novosti on Tuesday. 

According to the official, the Arab Republic will buy 1.4 million tons of crops as Damascus seeks to expand trade ties with Moscow.   

Qatana noted that the amount secured under the contract would be enough to cover Syria’s grain demand for an entire year.   

He stressed that deliveries are going “smoothly” and that Syria had already received large volumes of Russian wheat.  

The deal comes as Russia is expected to reap its second-largest harvest on record this year, following a bumper crop in the previous agricultural season, according to official estimates.   

The Russian Agriculture Ministry has upgraded its grain harvest forecast for 2023 to 135 million tons in net weight, including 90 million tons of wheat.  


READ MORE: Russia and China sign major grain contract – TASS

Russia has become the world’s biggest exporter of grain in recent years due to record harvests and attractive pricing, which have helped it quadruple its share on the global market since the early 2000s.

For more stories on economy & finance visit RT’s business section

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Tags: Russia Today
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