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All news / Turnover of ag products between Russia and Vietnam has grown by 12% in 2021

  • 14 Dec 2021, 10:17

Increasing trade in agricultural products and cooperation in the area of veterinary and phytosanitary supervision were discussed by Deputy Minister of Agriculture Sergey Levin and Deputy Minister of Agriculture and Agrarian Development of the Socialist Republic of Vietnam Tran Thanh Nam. The meeting took place at the Russian Ministry of Agriculture.

As Sergei Levin noted, the close interaction of the relevant departments and businesses of the two countries, as well as the possibility of a preferential trade regime between the EAEU and Vietnam, made it possible to significantly increase the turnover of agricultural products and food. So, in the first 10 months of this year, mutual supplies increased by 12% to $796 million, according to the Ministry of Agriculture of the Russian Federation.

Russia is interested in increasing exports of livestock products to Vietnam, including pork, milk and fish. In addition, promising areas are an increase in the supply of grain, as well as mineral and carbonated waters, chocolate and confectionery.

The parties also discussed further steps to increase shipments of wheat from Russia to Vietnam in order to increase the level of mutual trade.