NEWSWATCH Wall Street Journal/Ariel Cohen: How Russia Could Become a Food Superpower

File Photo of Wheat Field in Kenya, adapted from image at usda.gov

Writing in the Wall Street Journal, Ariel Cohen addresses historical shifts in Russian agriculture, and what the future might hold.

Russia could be a food superpower, given its vast soil and water resources. It still may become one, but the question is whether the food will be Western or Chinese.

Since the beginning of the Ukrainian conflict, the Russian economy has been experiencing the negative effects of international sanctions and Russian counter-sanctions…
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There are signs that Russia is looking East for agricultural solutions. …

 

An alternative strategy would be to invite U.S. and other foreign companies ….
Wholly-owned Russian subsidiaries and non-U.S.-based companies could turn Russia back into the agricultural superpower it was over 100 years ago–but the Kremlin would have to liberalize market entry to make that happen.

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[featured image is file photo, not directly related to article subject matter]