Russia's introduction in 2014 of an anti-western food embargo resulted in a number of imported cheeses disappearing from local store shelves. Sensing an opportunity, the Urals-based agriculture company, UGMK-Agro, purchased a herd of Alpine goats from France and began making goat cheese. In September, the company will start making local equivalents of Buche de Chevre and Camembert. French goats will bring exquisite cheeses to Russian plates. / UGMK-Agro In November2016,young French “aristocrats” packed for a trip that many only dream of. A herd of seven-month-old Alpine goats from La Boissiere-des-Landes traveled 5,000 kilometers and crossed the. Read more...
Russia and Turkey will lift mutual trade restrictions, including those on the supply of grain. However, the Russian embargo on Turkish tomatoes will remain in force. Russian President Vladimir Putin shakes hands with his Turkish counterpart Tayyip Erdogan during a news conference following their talks in Sochi, Russia, May 3, 2017. Source: Reuters During talks in Sochi, Russian President Vladimir Putin and Turkish President Recep Erdogan agreed to lift almost the restrictions on bilateral trade between the two countries,reportedthe TASS news agency on May 3. "We've agreed on a systematic solution for all the problems related to the restrictions,". Read more...
he crisis in the Russian car market, already in its fourth year, has forced car dealers to look for new business ideas, and agriculture has popped up as a surprise investment opportunity. Russian car dealers are looking at farming as a saviour. Source: Yegor Aleyev/TASS Over the past three years the Russian car market has shrunk by more than 50 percent — from nearly three million cars sold in 2013 to 1.42 million in 2016. The "Crimean Spring," Western sanctions, and above all, the devaluation of the Russian ruble, which has almost halved against major world currencies, has led to a catastrophic situation in the car industry. But while some. Read more...
IT technology, organic produce and health tourism could be the main beneficiaries of Russia's effort to foster its status as an exporter country, say experts and market players. A girl examines a T-shirt, a part of the Russian Olympic team uniform, GUM, Moscow. Source: Evgeny Biyatov/RIA Novosti Vnesheconombank and the Roscongress Foundation, which is responsible for organizing the country's main investment forums, agreed on the joint promotion of Russian exports under the "Made in Russia" brand. The agreement, reached during the Russian Investment Forum in Sochi on Feb. 27, provides for advertising, marketing, branding and communications. Read more...
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