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Natalya Volkova's avatar

India will sell a large percentage to the countries that sanctioned Russian fertilizer. This is the same principle as oil, and gas that now flows to Turkiye. By the way the price of gas did not increase domestically but fertilizer is now sold at 15% over the original price, this is justified by increase in European prices of fertilizer due to the fact they sanctioned Russian gas.

Well there are some type of experts working in the economic strategy groups in Europe, right? :)

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Karl Sanchez's avatar

The 15% price rise was sort of explained in the chat, but I didn’t make much of it since price rises always accompany trade restrictions. However, the price rises did facilitate the increased investments in Russian fertilizer capacity. I’m very curious to see what happens when Donbass agricultural production is able to resume again in 2-5 years. Based on the 2023 Agro-industrial tour Putin undertook, Russian farmers then were expressing the possibility of solving the global food problem, which I’ve been wanting to write about further but await more data. Given the many thousands of hectares of productive land within Russia available for cultivation, IMO that’s a real possibility.

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Natalya Volkova's avatar

https://www.vesti.ru/article/2692046

Of course there is a lot to say but you know almost everything. Possibly you remember this.

Because they cannot calm down, and believe now their own idiocy, Ukraine will lose a lot more, that is my opinion. It will be good for the people of those regions, for us and the global majority countries.

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Karl Sanchez's avatar

Thanks for the article! It provided some facts I wasn’t aware of while confirming others. Unfortunately, The Outlaw US Empire doesn’t give up and it appears will soon sacrifice Moldova, which will be the subject of my next item.

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WTFUD's avatar

Africa should be a large growth market for Russia. We're already seeing bumper harvests in Burkina Faso.

My experience in West Africa was that the French had their Supermarkets there but very few, maybe 5% of the locals could afford to shop there.

Now we'll see large indigenous investments in the African agriculture business, farm to shop/market and related business such as logistics, transport. A good example in Burkina is their bumper crop of tomatoes, they now produce their own tomato puree at way below the cost of importing the product from say Italy.

Of course this will cut the business of local merchants working in cahoots with the European manufacturers. Screw those Hyenas.

Win/Win

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BG13's avatar

When translating from Russian, the possessive pronoun "svoj / svoja / svoje" (self) refers to the agent of a sentence. Like "I [he, they] did smth. for self" not for "myself [himself, themselves]".

Therefore, in this sentence "our" is wrong, it has to be "their" - as is clear from context.

"From an economic point of view, from the point of view of the interests of our own agriculture, this is complete nonsense, as far as I understand."

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Karl Sanchez's avatar

Yes, the pronoun issue is always a bugger. I missed that one even upon editing.

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