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    Home > Food News > Food Articles > Russian expert: Sanctions against Russia will lead to sharp rise in European agricultural prices

    Russian expert: Sanctions against Russia will lead to sharp rise in European agricultural prices

    • Last Update: 2022-04-19
    • Source: Internet
    • Author: User
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    Russian Satellite News Agency, Moscow, March 31.
    Mikhail Charnei, an expert in the FoodNet working group of Russia's National Technology Initiative (NTI), told the satellite news agency that banning Russia 's export of fertilizers and energy will reduce European crop yields, which in turn will lead to agricultural products .
    Prices go up
    .
     
    "If Europe decides to give up Russian energy, coupled with the ban on the export of fertilizers, it will lead to a sharp drop in production in EU countries and a rapid rise in agricultural prices," Charney said
    .
     
    He added, "Russia is one of the largest exporters of fertilizers, including nitrogen, potassium and phosphorus fertilizers
    .
    Our country's cheap electricity ensures that they are cheap to produce, including nuclear power plants
    .
    "
     
    Experts pointed out: "Our energy and fertilizers are products that Europeans cannot quickly and cheaply replace
    .
    This will lead to a sharp rise in the prices of agricultural products in EU countries
    .
    The sanctions they impose themselves have created no less problems than us, or even more.
    "
    .
     
    Russian President Vladimir Putin previously stated that the sanctions imposed on Russia will have inevitable adverse consequences on the world fertilizer market, which will affect the resolution of humanitarian problems
    .
    The Russian government has also extended the ban on exports of potassium nitrate outside the Eurasian Economic Union until May 1, 2022, and this does not involve exports to the Donetsk People's Republic, the Luhansk People's Republic, Abkhazia and South Ossee Exit of the ladder
    .

      Russian Satellite News Agency, Moscow, March 31.
    Mikhail Charnei, an expert in the FoodNet working group of Russia's National Technology Initiative (NTI), told the satellite news agency that banning Russia 's export of fertilizers and energy will reduce European crop yields, which in turn will lead to agricultural products .
    Prices go up
    .
    Prices of export crops and agricultural products
     
      "If Europe decides to give up Russian energy, coupled with the ban on the export of fertilizers, it will lead to a sharp drop in production in EU countries and a rapid rise in agricultural prices," Charney said
    .
     
      He added, "Russia is one of the largest exporters of fertilizers, including nitrogen, potassium and phosphorus fertilizers
    .
    Our country's cheap electricity ensures that they are cheap to produce, including nuclear power plants
    .
    "
     
      Experts pointed out: "Our energy and fertilizers are products that Europeans cannot quickly and cheaply replace
    .
    This will lead to a sharp rise in the prices of agricultural products in EU countries
    .
    The sanctions they impose themselves have created no less problems than us, or even more.
    "
    .
     
      Russian President Vladimir Putin previously stated that the sanctions imposed on Russia will have inevitable adverse consequences on the world fertilizer market, which will affect the resolution of humanitarian problems
    .
    The Russian government has also extended the ban on exports of potassium nitrate outside the Eurasian Economic Union until May 1, 2022, and this does not involve exports to the Donetsk People's Republic, the Luhansk People's Republic, Abkhazia and South Ossee Exit of the ladder
    .

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