Economics
Kazakhs to Hoard Food as Putin Sanctions Rattle Alliance
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Russia’s trade bloc with Belarus and Kazakhstan is showing cracks in the aftermath of limits that President Vladimir Putin imposed on imports of U.S. and European agricultural goods in retaliation for sanctions over Ukraine.
Kazakhstan’s government has discussed replenishing stockpiles of food in state funds used to curtail inflation, while Belarus sent a delegation under Deputy Prime Minister Mikhail Rusyi for talks today in Moscow over food shipments to Russia. The leaders of the three free-trade zone members discussed the issue of preventing re-exports today.