Altai to begin supplying flour to North Korea

According to Itar-Tass:

The Altai Territory will supply a test batch of flour to North Korea weighing 2,000 tons. The concern Altaiskiye Melnitsy (Altai Mills) signed a corresponding contract with the foreign trade state amalgamation of North Korea, ITAR-TASS learnt at the enterprise on Tuesday.

“Further increasing of volumes of supplies will mainly depend on the export price of flour,” general director Sergei Klinov said. The currently in force railway tariff from the Altai Territory to the border with North Korea, and this is about 3,600 roubles per ton, exceeds half the cost of flour in the export price structure. In such a situation, the issue of quality may become secondary for North Korea, and it will continue buying flour in China.”

Read the full stoy here:
Altai to begin supplying flour to North Korea
Itar-Tass
3/16/2010

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