Tuesday, September 30, 2008


Russia's bumper wheat harvest has allowed it to open a new front in the re-emerging Cold War as it uses food to expand its influence in the Middle East and Africa.

"Now thanks to rising world food prices and a new law allowing foreigners to own land, Russia is once again exporting. With the proximity of Black Sea ports to wheat-deficient Africa, Asia and the Middle East, Russian wheat has a competitive edge.

Experts believe that Russia has huge potential for growth – millions of acres of farmland lie fallow and vast expanses of fertile land have never been farmed at all.

“Russia is replacing the EU as a supplier in North Africa and also in parts of the Middle East and sub-Saharan Africa,” said Mr Abbassian. “This was not expected in such a short space of time.”" (Thanks Rania)

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