Since the outbreak of the conflict between Russia and Ukraine, the United States and other western countries have successively announced sanctions against Russia, including the decision to remove some Russian banks from Swift (Global Interbank Financial Communication Association), which hurt not only Russia, but also Kenya Shenzhen Agricultural Products Group Co.Ltd(000061) exports.
The export of a large number of tea and Kenyan fruits (worth about RMB 10 billion) has been seriously affected by the sanctions on Russia and Kenya. At present, the export of a large number of fruits (about RMB 5.5 billion) has been seriously affected by the sanctions on Russia and Kenya. The sanctions made Kenyan exporters face greater risks and higher costs. Most of them stopped exporting spices, nuts and vegetables to Russia.
