UAE-Russia food trade has increased steadily in recent years due to cooperation on food security and Moscow’s efforts to diversify exports. Yet, a recent Dubai Chamber of Commerce and Industry webinar revealed that much potential still remains in both traditional categories and niche markets. The webinar, titled ''Russia-UAE Food Trade in the Post-COVID-19 Era'', attracted 131 participants from the UAE, Russia, Eurasia and Africa, representing businesses operating in a wide range of economic sectors. The virtual event was organised by Dubai Chamber’s representative office in Azerbaijan in cooperation with Moscow Chamber of Commerce. Read more...
When the Russian currency began depreciating two years ago, foreign tourists started to spend more on local food products. A cheaper ruble has also made it profitable for Russian food manufacturers to export their products to Asian countries. Russian chocolate is now being exported to Asia. Source: Elena Pochetova Every time Chinese President Xi Jinpingvisits Russia, heasksfor some Russian ice cream. As a result of this craving, Russian President Vladimir Putin presented a whole box of ice cream to his Chinese counterpart at the G20 summit, which was held in Hangzhou on Sept. 4-5. Chinese tourists share their leader’s love for Russian ice cream so much. Read more...
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