You searched for "food import" (6 results found)

Russia-China Investment Fund to become Rusagro’s partner on Chinese project

  • 10 Sep 10:16

Russia-China Investment Fund to become Rusagro’s partner on Chinese project In June, RDIF’s CEO Kirill Dmitriev said that the Fund was interested in entering Rusagro’s capital, particularly due to the possibility of boosting Russian agriculture exports to China Rusagro does not rule out that the Russia-China Investment Fund (or RCIF, set up by Russian Direct Investment Fund (RDIF) and China Investment Corporation) will become its partner on a project in China, Chief Executive Officer of the Russian agricultural holding company told TASS during the Eastern Economic Forum. "Currently we are considering whether it is reasonable to invest in China. The Russia-China Investment Fund will probably be one of co-investors of. Read more...

Russia Reduced Food Imports by a Third Since Putin’s Import Ban

  • 7 Aug 10:32

Russia Reduced Food Imports by a Third Since Putin’s Import Ban The value of imported food in Russia has reduced by 31.2% in the five years since President Vladimir Putin imposed a ban on western imports as a response to U.S. and EU sanctions,RIA Novostireported. Russian food imports have dropped from $43.3 billion in 2013 to $29.8 billion in 2018, following an extensive import substitution program on all levels, the Agriculture Ministry said in a statement. “Thanks to the implementation of the import substitution policy, Russia has achieved and outstripped the threshold values of the Food Safety Doctrine for a number of key food products,” the ministry stressed. In particular, in the segment of grain and leguminous. Read more...

FCS proposed to ban the import of canned meat and other products

  • 18 Feb 10:33

FCS proposed to ban the import of canned meat and other products Russian Federal Customs Service offered to expand the food bargo. In the list of prohibited goods may appear canned meat and fish, crustaceans and mollusks, sturgeon caviar, olives, as well as canned tomatoes and other vegetables, fruit juices, mashed potatoes and jams, writes RBC. In 2018 the Russian Federation purchased such products for $ 1.2 billion. The initiative is designed to eliminate the possibility of importation of prohibited goods through the declaration of their codes "goods cover", not included in the list. The proposal of the FCS is now being considered by the Ministry of Agriculture. It is noted that the ban may also include fresh and chilled. Read more...

Sanctions: Russia braces for long haul

  • 18 Sep 10:27

Sanctions: Russia braces for long haul Russia is girding itself for the possibility of a long haul under Western economic sanctions, as officials in Moscow warn that they see no near-term end to the campaign of economic punishment that the International Monetary Fund has said could shave off almost a tenth of Russia’s economy. A year and a half after the U.S. and European Union launched an effort to punish Russia over its role in the Ukrainian dispute, about 150 individuals have been targeted with travel bans and asset freezes, while dozens of Russia’s biggest banks and energy firms have been cut off from access to Western finance. Russia has retaliated by banning imports of U.S. and European. Read more...

Volume of sanctioned produce destroyed nears 400 tonnes

  • 12 Aug 10:20

Volume of sanctioned produce destroyed nears 400 tonnes The volume of sanctioned produce destroyed is nearing 400 tonnes.A total of 41 tonnes of regulated produce, including 552kg found in carry-on luggage, was destroyed on Tuesday, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) said on Aug. 11. Illegally imported products were found in the Primorsky territory, the Sakhalin and Kaliningrad regions, St. Petersburg and the Leningrad region. As on August 10, the volume of sanctioned produce destroyed amounted. Read more...

Public outcry as Russia destroys over 300 tons of vegetables, cheese and meat

  • 10 Aug 11:46

Public outcry as Russia destroys over 300 tons of vegetables, cheese and meat Russian authorities began destroying shipments of illegally imported Western food products on Aug. 6, sparking huge protests online, with many Russians calling for the food to be distributed to the needy. State agricultural watchdog Rosselkhoznadzor, however, says that giving the food away would encourage corruption, and vows to bury and burn products that enter the country in violation of the embargo on Western food imports, despite the population's protests. As Russian bulldozers moved in to destroy 319 tons of illegal Western food imports on Aug. 6 in accordance with a controversial decree on the liquidation of banned foodstuffs, a public outcry was sweeping. Read more...