Yara Stops Sourcing from Several Russian Entities on Sanctions

Yara International ASA, Oslo, said on March 10 that as a result of additional E.U. sanctions implemented on March 9, it has stopped all sourcing from suppliers linked to Russian sanctioned entities and persons.

Yara said it is currently reviewing the detailed scope and impact of the sanctions.

“Yara will utilize its global production system with the objective to keep supplying customers and secure continuity in food supply chains,” the company said. “However, we repeat our concern for global food security and calls on government action to protect food supply chains and decrease dependency on Russia.”

Early this month, noting that Russia and Ukraine are world powers in a global and fragile food system, Yara President and CEO Svein Tore Holsether said it was essential to reduce the dependency on Russia (GM March 4, p. 27).