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Back|Peskov: Latvia’s introduction of duties on grain from the Russian Federation will result in losses for Riga
Peskov: Latvia’s introduction of duties on grain from the Russian Federation will result in losses for Riga
NEWS
Лента.ру·11 minutes ago·Business·1 min read·🇷🇺Russia·

Peskov: Latvia’s introduction of duties on grain from the Russian Federation will result in losses for Riga

Quick Look

  • Press Secretary of the Russian President Dmitry Peskov said that Latvia’s decision to introduce 300 percent duties on Russian and Belarusian grain will damage the Latvian economy itself.
  • Russia plans to redirect export flows to other markets.

AI-generated summary

Why It Matters

Latvia has introduced 300 percent duties on imports of agricultural products from Russia and Belarus.

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The introduction of 300 percent duties on grain supplies from Russia and Belarus will result in losses for Latvia itself. This was stated by the press secretary of the Russian leader Dmitry Peskov, TASS reports.

Riga was probably “inspired” by overseas methods of dealing with customs duties, a Kremlin official indicated. He emphasized that the country would lose a lot due to such a decision, since these export items were also beneficial to the Latvians themselves.

At the same time, Peskov is convinced that Moscow will be able to find a replacement for the Latvian direction. The international market is vast, so Russia will be able to redirect flows, he made it clear.

Open Questions

  • ?What specific volumes of grain were supplied to Latvia?
  • ?To which markets does Russia plan to redirect exports?

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This article was originally published by Лента.ру.

Quick Look

  • Press Secretary of the Russian President Dmitry Peskov said that Latvia’s decision to introduce 300 percent duties on Russian and Belarusian grain will damage the Latvian economy itself.
  • Russia plans to redirect export flows to other markets.

AI-generated summary

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Moderate
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Лента.ру
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Published
11 minutes ago
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grain
Latvia
Dmitry Peskov
grain
Dmitry Peskov
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Latvia
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Belarus
Latvia
Dmitry Peskov
duties
export
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