Russia seeks bypasses for grain exports through the Far East, — Bloomberg

Russia seeks bypasses for grain exports through the Far East, — Bloomberg


In particular, Moscow is discussing with Beijing transit through Chinese territory for further sale in Southeast Asia.

The Kremlin is considering grain exports through the Far East as one of the alternatives against the backdrop of attacks on its Black Sea ports. This is reported by Bloomberg.

Since July, Russia and Ukraine — key suppliers of wheat — have intensified mutual attacks on ports, terminals and shipping infrastructure in the Black Sea. This has sharply reduced exports of both oil and grain. The Black Sea basin accounts for more than 70% of Russian grain exports, and the disruption of the route coincided with the peak of the summer shipping season.

Among the alternative routes are the Baltic and Caspian Seas. Russia also uses routes through Kazakhstan, which has assured Moscow that it does not plan to restrict transit.

A separate direction is the Far East, which has historically been almost unused for grain transportation. The Russians are discussing with Beijing the possibility of grain transit through Chinese territory for export to Southeast Asia.

However, the Baltic route could become more complicated. Latvia and Lithuania plan to impose a 300 percent tariff on Russian and Belarusian grain after transit volumes through the Baltic states increased sharply.