Mineral deposits, oil wells and vast timber forests have long been the world’s largest country’s handy cash cow. But with the rise of climate change, Russia’s agricultural sector is now boosting efforts to diversify its economy.
Veronica Nikishina, the CEO of Moscow’s exports watchdog, told news agency TASS on Wednesday that the volume of shipments out of the country that aren’t fuel or natural resources has increased to record highs. At the end of 2020, these exports accounted for $161.3 billion of overseas orders, she said, which is higher than in previous years and a rise of almost four per cent.
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