https://sputnikglobe.com/20220903/ethiopia-ready-to-boost-coffee-exports-to-russia---ambassador-1100330299.html
Ethiopia Ready to Boost Coffee Exports to Russia - Ambassador
Ethiopia Ready to Boost Coffee Exports to Russia - Ambassador
Sputnik International
MOSCOW (Sputnik) - Ethiopia is ready to increase coffee exports to Russia amid expectations of rising prices due to crop failures in Asia and Latin America... 03.09.2022, Sputnik International
2022-09-03T03:44+0000
2022-09-03T03:44+0000
2022-11-14T11:37+0000
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"If there is a request from Russia, we will be able to increase the [coffee export] volumes, no problem," the ambassador said.He added that similar situations had been observed in the past, where certain countries produced less coffee than expected due to crop failures and prices went up.Experts from the FoodNet working group of the National Technological Initiative (NTI) told Sputnik that problems with the coffee harvest in Latin America and Asia have already affected its value in world markets and will soon affect the price in Russia, with the expected growth estimated at 30%.
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ethiopia, russia, coffee, exports, africa insight, east africa
Ethiopia Ready to Boost Coffee Exports to Russia - Ambassador
03:44 GMT 03.09.2022 (Updated: 11:37 GMT 14.11.2022) MOSCOW (Sputnik) - Ethiopia is ready to increase coffee exports to Russia amid expectations of rising prices due to crop failures in Asia and Latin America, Ethiopian Ambassador to Russia Alemayehu Tegenu Aargau told Sputnik.
"If there is a request from Russia, we will be able to increase the [coffee export] volumes, no problem," the ambassador said.
He added that similar situations had been observed in the past, where certain countries produced less coffee than expected due to crop failures and prices went up.
"Everything is fine, coffee production continues. Ethiopian producers are ready to supply coffee to any country," the ambassador told Sputnik, commenting on the current situation with coffee exports in Ethiopia.
Experts from the FoodNet working group of the National Technological Initiative (NTI) told Sputnik that problems with the coffee harvest in Latin America and Asia have already affected its value in world markets and will soon affect the price in Russia, with the expected growth estimated at 30%.
3 September 2022, 02:04 GMT
