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. Last Updated: 07/27/2016

Grain Firm Eyes Expansion Into Saudi Arabia

Siberian Agrarian Holding, a privately owned Russian grain firm, is in talks to create a joint venture to grow Russian grain for supply to Saudi Arabia, the company’s chairman Pavel Skurikhin said Tuesday.

“For us, Iran and Iraq are also interesting, as we may ship grain there via the Volga river,” he said.

Skurikhin said his company was also considering a share issue, no earlier than in the autumn of 2010, to raise funds for its various projects.

(Reuters)