The third Nigeria-Russia Business Forum in Lagos has just completed, with trade volumes between the two countries having doubled in three years to US$600million, the Nigerian Ambassador to Russia, Prof Abdullahi Shehu has said.
Nigeria has been importing increasing amounts of Russian equipment mainly in the oil and gas industry but now fanning out into the steel and agricultural sectors. There are also plans to encourage Nigerian manufacturers to take on Russian technologies and export finished products currently made in Russia back to the EAEU markets provided QC and product competitiveness targets can be met.
This means Nigeria, which is a member of theAfrica.
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Cherkizovo Group’sproducts under the PetelinkaandPava-Pavabrands again came first intwo categories atthe annual Product ofthe Year awards.
The accolades were presented atthe 23rdProduct of the Year 2021 Official ceremony in Moscow. They are given out to top-selling consumer goods in different categories, from food to home products.
Russia’s largest meat producer, Cherkizovo Group, has long been a staple participant of the Product of the Year awards. At this year’s ceremony, the company won two awards. Its Petelinka brand, which celebrates the 20thanniversary this year, received the Eco-friendly Meat Product award in the Chicken Meat category for.
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Since 2014 there has been significant growth in the volume of agricultural trade between Russia and China, and in particular in the volume of Russian agricultural exports to China. One important driver of the increase has been the devaluation of the ruble.
But the increase also reflects that Russia has now gained access to the Chinese market in key product categories, with the clearing of important phytosanitary hurdles in the past five years when protocols for grain, soybeans, poultry, beef, and dairy, and other items have been signed. This certainly bodes well for the future of Russia–China agricultural trade. However, it is worth pointing out that the current increase.
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The Agricultural Ministry of Russia updated rates of export duties for wheat, barley and corn under the mechanism of “grain damper”.
From December 1, the export duty on wheat and meslin will be increased to 80.8 USD/t from 78.3 USD/t week ago. Higher duty is based on increase of indicative price from 311.9 USD/t to 315.5 USD/t.
At the same time, the export duty on corn will be raised to 54.3 USD/t (53.6 USD/t).
The tariff for barley will be increased to 68.3 USD/t (65.3 USD/t).
Detailed information on dynamics of indicative prices and duties over the last month are listed in the.
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MeatPoultry.com - Industry's leading trade magazine and website covering meat and poultry processing from USA andSuínoBrasil -the media of the Agrinews Group, aimed at professionals in the Brazilian swine industry, are following Meatcommerce.com on.
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The implementation of the tariff benefit for the import of frozen pork and beef into the Russian Federation will depend on the dynamics of production and the situation on the domestic market, the head of the Ministry of Economic Development Maxim Reshetnikov told reporters.
“We understood that we were making a rather difficult decision on the verge of a balance between producers and consumers. We proceed from the fact that we immediately discussed with the Ministry of Agriculture that we would implement it depending on the dynamics that would be in the first place - the dynamics of production and saturation of the domestic market. This is mainly about pork, because.
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Valeria Rodina, Executive Director of the Union of Producers of Plant-based Products, commented on the policy that Soyuzmoloko uses to protect dairy products. According to Valeria Rodina, the introduction of new terms for the designation of products can confuse consumers even more, but the development of standards for a new industry is necessary.
As previously reported by The DairyNews agency, Soyuzmoloko sends notifications to plant-based product manufacturers about the inadmissibility of using dairy names to designate their products.
In her comment, Valeria Rodina, Executive Director of the Union of Producers of Plant-based Products, commented:
- I believe.
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The State Duma adopted in the second reading a bill that allows farmers and agricultural cooperatives to sell their own products on their agricultural lands. The document was developed by the government as part of the implementation of the instructions of the President of Russia following the meeting on the situation in agriculture and the food industry.
The bill provides farmers and agricultural consumer cooperatives with the opportunity to sell agricultural products of their own production on the lands they use. The sale will be possible only in specially equipped premises and structures that are part of the property of such persons, or in non-stationary.
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The global supply chain is broken. Experts point out to a perfect storm of issues that have combined to break a system that used to run relatively smoothly.
The Covid-19 pandemic has impacted trade around the world, causing product shortages and pushing up prices. The ongoing disruptions are hitting global growth.
What are global supply chains?
Global supply chains are networks that span all continents and countries for the purpose of sourcing and supplying goods and services. It is the system of getting things from A to B and is the basis of the global economy. When the movement of goods stops, a global supply crisis starts.
How did the global supply.
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Việt Nam and Russia have vowed to boost agricultural andaquatic trade tiesduring a webinar to study the Russian market and increase the export of agricultural and aquatic products to the country.
The webinarwas jointly held by the Vietnamese Ministry of Agriculture,Rural Development(MARD), the RussianMinistry of Agriculture, the Russian Embassy in Vietnam, and the Vietnamese Embassy in Russia.
According to MARD Deputy Minister Trần Thanh Nam, Việt Nam is holding the top positionin trade turnover with Russia in Southeast Asia, and is Russia’s sixth largest trade partner in Asia-Pacific.
Two-way trade reached US$4.5 billion during the 2018-2020 period,.
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