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Reuters
Reuters
Business

Putin warns of higher global food prices if export restrictions applied

FILE PHOTO: Russian President Vladimir Putin attends a meeting with the head of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin in Moscow, Russia March 2, 2022. Sputnik/Mikhail Klimentyev/Kremlin via

Global food prices will rise further if western nations intensify economic pressure on Russia, a major global fertilizer producer, President Vladimir Putin said.

Russian Agriculture Minister Dmitry Patrushev told a governmental meeting chaired by Putin that Russian food security was ensured and that Moscow would continue to service its export obligations for global agriculture markets.

(Reporting by Reuters)

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