Russia eyes port investment to up Asia grain export

Russia expects a mix of $50 million to $100 million in public-private investment in port projects in its far east to boost grain exports and aims to ship a million tonnes of wheat to Japan within 2 years, the country’s deputy agriculture minister said on Thursday. Sergey Korolev said the country’s state grain trader, United Grain Company, was in talks with Japan, Indonesia, Bangladesh, India and Pakistan for long-term supply pacts.