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Turkey is ready to provide its warehouses for Russian grain

Grain storage
┬ęShutterstock/Fotodom

Russia may start using Turkey not only as a gas hub, but also as a grain hub. This statement was made by the head of the Federation of the Turkish Flour Industry and the chairman of the International Association of Flour and Grain Producers Eren Gunhan Ulusoy.

His words on Tuesday, November 8, leads Turkish portal ekonomi.haber7. He noted that the Russians “began to look closely” at large grain warehouses in Turkey. Also, according to him, the Russian side has plans to store grain in Turkey and distribute it from this country.

As Eren Gunhan Ulusoy noted, Turkey has all the necessary infrastructure. The republic has 8.5 million tons of storage and storage capacities in ports. Also, its transformation into a grain hub will have a positive impact on grain prices. “Freight prices will come down,” he pointed to the outlook. “It will be an important step in terms of both supply and price.”

Earlier it became known that Turkey, together with the Russian Federation, determines the list of countries that need Russian grain and fertilizers. According to a source familiar with the situation, the lists and routes are being clarified by the relevant departments, coordinated by both Turkey and the UN. Efforts are also aimed at removing obstacles to the export of Russian food and fertilizers.

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