The US Treasury said it did not impose sanctions against Russia in relation to agriculture

The US Treasury said it did not impose sanctions against Russia in relation to agriculture
Photo is illustrative in nature. From open sources.

The United States did not impose sanctions on the production, sale and transportation of agricultural-related goods and medicines from RUSSIA, recalled the US Treasury Department. “The United States has not imposed sanctions on the production, manufacture, sale or transportation of agricultural products (including fertilizers), agricultural equipment and medicines associated with Russia,” the message says.

it also notes that the United States "strongly supports UN efforts to bring Ukrainian and Russian grain to world markets" and to reduce the impact of the situation in Ukraine on "food supplies and prices in the world."

In addition, the Ministry of Finance published a license in which it indicates that the supply of Russian agricultural products is not subject to sanctions in force against the Russian Federation . “All transactions related to the production, sale, transportation of agricultural products, agricultural machinery, medicines, medical equipment, spare parts and components of medical equipment, software for such equipment are allowed,” the document says.

At the same time, the Ministry of Finance also mentions a number of restrictions that apply in such cases: they relate to certain financial transactions.

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The Russian Foreign Ministry previously stated that “it was precisely the unilateral actions of Western countries, primarily from the G7, that exacerbated the problem of breaking the logistics and financial supply chains of food to world markets.”

The Ministry of Foreign Affairs of the Russian Federation in the material posted on its website "On the myths of the European Union in the field of food and energy security" recalled that the UN announced the risk of a food crisis in the world two years ago.

“The main drivers of rising prices for agro-industrial products in recent years are the consequences of the covid-19 pandemic , the short-sighted economic and energy policies of the largest economies in the Western world, trade wars, adverse weather conditions, illegal unilateral Western sanctions against the Russian Federation, and underinvestment in the agricultural industry. (...) The jump in prices for agricultural products was recorded back in 2020 and is not the result of a special military operation, ”the message on the website of the Russian Foreign Ministry said.