so there is very far but the fastest thing. right now it sounds. pretty. well at least you know if you're hungry they cook the food here extremely fast thumbs up for mama tao when we finish this oh my favorite christine . let me grow. since i just love whether you're looking for a green curry or pods the restaurants i caught here is a safe back and a great place to come. all the most russians don't like spicy food here it's chopsticks at the ready to thailand being one of the most popular holiday destinations for muscovites this restaurant means locals can get that high stakes pool be around situation of dishes representing various countries now restaurant is the most popular among our guests even though it's pretty spicy. it's so lovely to

see outside in september before it gets too cold and what you see anything it's more of thank you right. wow look at bats there we have it my clock me. strange day smells great and it just goes to prove that whether you want chinese or japanese when it comes to asian restaurants moscow will never fail to deliver a strong. you'd better leave me to this i'll see you get the same time next week. by the. wealthy british style hold some spare time.

margetts why not. find out what's really happening to the global economy in these kinds of reports on our. first first .

broadcasting live from moscow this is our team were to six thirty in the morning to look at your headlines for a polish court has released a chechen militants wanted by moscow pending extradition proceedings russia has called on warsaw to hand over a coyote who's accused of terror and atrocities in the north caucasus he was detained upon arrival in poland from the u.k. where he has political asylum. for saturday's parliamentary vote in afghanistan are marred by escalating violence the taliban's stepping up threats and kidnappings of candidates and election workers. and an attempt on the life of an alleged mafia boss right in the city center puts him in the hospital investigators point out a blood feud turf wars possible motives behind the attack. archie's interview program spotlight is up next this summer russia had to cut grain exports

after a prolonged heat wave destroyed much of the harvest talks with. the head of the russian grain union about the worldwide implications of the restrictions. for the full story we've got it first hand the biggest issues get the human voice face to face with the news makers. in. brighton if you need monsoon from finest impressions. screens down totty dot com.

hello again and welcome to spotlight the interview show on our t.v. . vent today my guest is out of the keep the unusually dry and hot summer has destroyed much of this year's crop and rush the state had to impose restrictions on grain exports to keep prices down but what does it mean for the rest of the world will be asking the president how the russian brain is will just keep. russia's one of the world's biggest grain exporters but there's some a severe drought has badly affected the harvest in order to maintain supplies at home russia has imposed a ban on exports that's boosted world grain process to a two year high and prime minister says the ban may remain in place until the

autumn hold the next year the un says two years without crushing grain in the market may lead to serious trouble in two thousand and eight. led to food riots in some developing countries. this is not just the thank you for joining us welcome to our program hello my first question is about something that many people including our audience world was are concerned about how significantly has the russian embargo changed the world grain prices and can it change them and how significant is it price. if it does. change anything anymore because the change happened already there is this is good news but the ban has already been imposed therefore in the green on the world market has already made it seem practical from now on things can only improve if by any chance the exporting a certain amount of grain this could have

a positive impact only in the world prices would drop slightly. however nobody is expecting russian producers to export significant amounts of grain in the season and we aren't expecting the ban to be lifted on january first as this would result in automatically equaling off domestic and world prices or is the purpose of the ban to prevent addressed the growth of the local choices at present the gap between domestic and a world crisis is too big to leave the ben she wanted tiny correct would equal the prices the national community fears the repetition of the food crisis of two thousand and seven which sparked riots and countries from bangladesh to mexico spotlight. more. the worst drought in at least half a century has led to fears of

a green shoot each in russia the government has been there. for the next twelve months. to protect consumers inside the country since shock through international markets bread prices. to hear hi it's a reminder of the situation in two thousand and seven and two thousand and eight when hutu did use to right around the world back then iran thirty countries imposed restrictions on the export of a good cultural products prices soared and public discontent is believed to have triggered the collapse of governments in haiti and madagascar this year mozambique has become the first country to suffer a food shortage is the government's decision to raise bread prices by thirty percent lead to riots you know actually seventy people died and around three hundred were wounded during the violence the price rises were revoked india has had their way to export ban for the last three years it's reputed to have good

lifestyle and some great stories. disturb the volatility on the global grain market the united nations food and agriculture organization is holding an extraordinary meeting on the prices next week. those cuts the world again this is. do you think russia zimbardo could trigger a food crisis and underdeveloped countries ones that depend on grain imports do you think the situation in those countries could get out of control again and would they blame russia for it anymore but i know this won't happen because peace with the world has enough resources to compensate for russia's absence on the world market. today are world's weeks talking east march larger now than three years ago when the world indeed faced a problem of food supply. at that time prices including international ones

worth one point five times higher than today she would. governments and pose the grain export embargo in order to protect consumers from a drastic pries growth within the. how did this decision affect grain producer it's they must have lost money because of it i mean they would have benefited from higher prices right. yes of course you're right producers in our southern regions that are rather good harvest in spite of extremely negative weather conditions and they didn't benefit from the embargo of. price growth stopped and even reverse. prices have been dropping since the implementation of the ban not by much though but there are still dropping certainly this fact makes grain production less attractive to investors and has a negative effect on their revenues which again is an idea of how much they lost

most calculation in exact amount possible it depends on quite a number of factors such as thir investments they're not cost their harvests to colleges regions and so forth. and therefore we cannot sum up their taunts a loss or however we can tell how much is lost through prices for instance but the southern federal district is close to see ports and therefore insulin just you could expand his or lol so by the time the export ban was imposed their price was almost six thousand rubles for one tonne of brain to date has drilled by almost one and a half thousand rubles and that's how much they lose you know it's done and this is quite a lot it's a bit of it is that as for the world market the price is curwen by at least fifty dollars. mentioned seaports in southern russia any grain producers dependency

ports they exported their grain through those ports but now. they're low logistics expenses and they're being replaced by costly. and such as those crane producers now have to transport their grain to the northern and eastern regions of russia. is there an efficient infrastructure for that. yes the reason for structure for moving such amounts regions have about nineteen million tons of surplus grain and thirteen million tons in southern russia and six million in siberia. on the other hand the need for the rain in the volga region and central russia is about sixteen million tons and add a couple of millions for places that traditionally don't produce their own grain like sink petersburg and moscow so in total we need to transport about

eighteen million tonnes so that's not a problem for our infrastructure. the only problem is with the cost of transport. for instance the region concerns such as mills and for their factories used to pay for and a half thousand herbals a tonne. which is the prize in southern ports that is six thousand rubles a tonne minus the cost of transportation bill which is about a thousand and a half rubles a tonne. but now after the ban they have to pee six thousand euro rubles plus in another fifteen hundred trubel so tonne for transporting grain from the south to they've all the region so that's seventy five hundred roubles if so the price by three thousand rubles overnight.

of course that's quite a long and so now consumers refused buying at such high prices producers in southern russia refused to come. prices they used to export their grain it's six thousand and john another asked just so it's three thousand so that you can buy it at the old price self four and a half thousand rubles so the situation is rather unusual and complicated but we hope that stamps will be taken soon the president has ordered to cut the logistics expenses you know order to reduce the cost of transporting grain for both consumers and producers. as. in response to. their world market will have to adjust and regroup reconfigure itself was going to be used for example you mentioned surplus grain and other producers. don't you

think that by the time the ban is lifted our own producers will lose their current position in international markets but. it depends on how competitive prices are. actually the difficulties we are going to face are of a different nature i'm not really ward that we would lose our positions on the world market because we only them less than ten years ago and we want them through our load competitive prices because our production cost is low but as long as all formers agree to low wages we will have better prices than our rivals in europe or america the problem is that russia will now be regarded as an unreliable country we need the decision to ban sports so unexpectedly that the world no longer trusts us and this fact will impact prices that consumers would rather pay

five dollars more. than paying less to us but not having confidence that we will deliver. and it will take us some time to restore a reputation during which will be losing money. missing because of the ban we fail to deliver even the grain that has already been paid for under existing contracts yes among other things. none of the russian exporters to can vent each of the force mature provision to avoid their losses if they had contracts with egypt and other countries supply stuff so no they're old buying grain from other countries and delivering it to customers at contractual prices to fulfill their obligations.

because they don't want to risk losing their major customers. that can cope but he says out of the president of the russian grain the spotlight will be back shortly after the break we'll continue this interview so stay with us and. every month we give you the future we help you understand how and what to bring the best in science and technology from across russia and around the world. join us for technology update on our g. wealthy british style stock.

markets. can find out what's really happening to the global economy for a no holds barred look at the global financial headlines. cause a report. welcome back to the spotlight i'm just a reminder that my guest in the studio today. president of the russian grain union we're talking about the grain. imposed by the russian government. to to protect the prices on the internal market. this is. the bad partners and what's most important. in the world markets the government imposed the it was a forced majority and we not only avoid signing any new contracts but we also fail

to even those that were paid for do you think it was the only possible solution will have been done differently. i believe it could have been handled in a different way i think it was done in too much for us i think nothing terrible would have happened if the embargo date had been moved forward from august fifteenth. september first say. would have changed it would have been soft on our part. and both the world and our all market we were going to push forward with that we should have enabled the existing commitments to be poking around in only a thin and take this then there would be no problem if possibly there was some secret plan behind the suddenness with for example not to let someone make extra cash or some thank you know the stock exchanges for them any advance information as a way to make more money and actually we helped them make money by making this

decision in such a haste their world markets reacted instantly and the prices surged they could have been going up smoothly had a we issued a warning some time for preparations in the. yes of course. we did it expected for everyone in the world. by fifty dollars gap. trying to find out what do people. think about the situation. there to try to find out if the right thing by building. the market would you. please. i think

it's the right. because we should have a. i don't think we should. think it is the right thing to do. think it's right because of the situation with the drive over the country there is a shortage of grain. right because. green left.

you mean domestic crisis certainly not and domestic across as well now depend on the domestic balance that is whether or not we have in our resources to provide for both the current season and the next one currently the prices are not falling because at the start of season resources are considerable before january grain deficient regions will have used up their resources i mean the vulgar regions in central russia will have consumed old their grain and will have to import in the meantime south produced grain is not being sold domestically because some of the informers are dissatisfied with the current prices are expecting kikes and thus the price formation will have to be based on the purchasing prices in the south plus the logistic costs that will have to be paid if in keeping with the presidential

order the government now decides to impose some favorable tariffs for grain haulage that this will certainly can seem price growth if not the prices will grow in any event starting from the new year motion is it necessary at all to change russia's pricing system and thus enhance competition on the grain markets. frankly speaking i do have a point of view of my own that i've rather often offer to the public in my view it's counterproductive to freeze the prices it's populism and it later has a rather grave on the general situation in the economy as a whole. it's much more productive to fight poverty in the pockets of the people. and for these purposes the world has developed efficient tools that work well. for example the u.s. department of agriculture spends still

a lion's share of its budget on food stamps that is food aid cysteine still poor. and this is an alternative to cash. in moscow we have the so-called social. good it also implies some price discounts and so on. so we might develop and introduce as social food cards and that would work much better than price containment by containing prices we also subsidize the rich pockets. we must understand that and the rich park it's much bigger consumers than the poor ones it's automatic they have more opportunities through price containment we spend more money to support the rich pocket then the poor pocket and critic as soon as the vandalism post immediately came up with a cord saying that crane was coming to the domestic market saying because traders

were expecting demand to be lifted and didn't wish to sell at prices lower than the world price. are those who pours through judging by what you said earlier the ground did work and everyone is toeing the line with what the papers say different thing. that's exactly what i'm. saying with southern regions are not sowing their grain it isn't coming to the domestic market but it's not because they're waiting for the world prices they're not happy with the current domestic price which has drawn defter the bad yes if prices go back to an acceptable level i mean there is no need to bring them up to the world level this makes no sense but everybody understands what social responsibilities even a form is in southern reaches what they want is it fair price which is about six thousand rubles a tonne that's the average price for the past few years half years ago the price was nine thousand rubles a tonne plummeted in for one and

a half years it stayed at the level of slightly more than three thousand rubles a tonne not long ago two and back to six thousand and begin falling again as soon as it hits the six thousand mark foley sales will resume the market will move and things will go back to normal here is what prime minister putin had to say in order to calm down the situation on the domestic grain moch. in order not to create unnecessary anxiety to ensure a stable and predictable business environment full market participants i should note that we can consider the abolition of the grain export ban only off to the next crops have been harvested and there is clarity on the grain balance zigzagging should not be allowed to. mrs large share of ski this situation that we currently have in our hands to what

extent can be beneficial for the speculators that people who don't produce anything or. as the british call in the middle men. speculators need the market to move on or was there is nothing they can do and all we could more. it is a bad place for speculators at this point in the market is that a standstill the problem hasn't been created by the speculators they have nothing to do with it they want the market to move on the contrary so what's going on with both was everyone so excited. buckwheat is a separate story which is that we remember all too well the shortage of the black wheat in the soviet period in as soon as we hear rumors about crop failure is sort of shortage a source supply of problems people rush to buy what can be stored for long she's the bulk of it is among the foods that are swept off the shelves in the first place

like pastor and flower but pastor and flower were stored in excess at the moment when the rumors began spreading wild mock week three servers were not very large but i can say they were small either and because we had the fortune nine thousand tons of buckwheat in storage as a father's tourist last years august first reserves in mountain to fifty seven thousand chance the difference isn't very large but because buckwheat is normally purchased in small amounts we don't consume much bucket michelle for reserves or small to. sell slowly in retail chains and shops in the us it's. my last question it's about a mover angle so as the specialist so warning about it we've been grain exports in the world grain prices went up the need price is dependent on grain prices russia depends on the need to imports this and so prices grow because of our own actions

no i don't think so we have a special program to increase domestic production of meat as part of the national project to develop the agricultural industries so by now we can almost cover a need for poultry and we are making good progress with pork beef is the only meat where we still have some problem. but beef doesn't depend on grain coast feed on grass right so here we have a different kind of problem the problem is that there is no shortage of green but there is a shortage of. strong. so we expected a ten percent shortage of course and forder this year. and this will have to be replaced by ukraine you know of course grain is you know is more expansive. it's too late thank you thank you thank you very much for being me.