Kazakhstan seeks grain swap with Russia and Iran.

By bne IntelliNews October 11, 2011
Kazakhstan is considering a series of grain swaps with Russia and Iran in order to cut transportation costs and improve access to the seaports on the Black Sea and Persian Gulf. The Agriculture Ministry expects this year harvest to be at the record level of 22-23mn tones of grain in clean weight. No details regarding swap operations were given. To remind you, Kazakhstan harvested 12.2mn tones of grain last year, as the country was affected by drought.

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