Argentina seeks to export more food to sanction-hit Russia
August 17, 2014 00:00:00
BUENOS AIRES, Aug 16 (Reuters): Major world food supplier Argentina will send a trade delegation to Russia next week to try to increase exports to the country, which this month banned many Western products in response to sanctions over its intervention in Ukraine.
Argentina's enthusiasm for trade with Russia will improve Moscow's chances of filling any gaps left by its ban on European Union supplies and reduce the odds of food shortages.
Argentina's neighbor Brazil has already jumped in with both feet. About 90 new meat plants there were hastily approved to export to Russia, and Brazil began work to increase its corn and soybeans sales to Russian buyers.