Russia Becomes Net Food Importer as Economy Falters Under War Strain
For the first time in years, Russia has officially become a net importer of food and agricultural products, a stunning reversal for a country that once boasted of self-sufficiency and export dominance in grain and oils. The figures released this week by the Russian Federal Customs Service confirm what many in the agricultural and financial sectors had feared: collapsing harvests and high interest rates are gutting Russia’s export capacity, forcing it to rely once again on foreign food imports.
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