The trade turnover between Russia and China from January to August 2021 has surged by 29.5%, amounting to $88.997 billion.According todatapublished by China’s customs service, the country’s exports to Russia in the reporting period increased by 31.6% and amounted to $40.804 billion.Imports of Russian goods and services also rose by 27.8%, to some $48.193 billion. In August alone, the volume of trade between the two states amounted to $13.363 billion.
Both Russian and Chinese authorities have been set on increasing bilateral trade volume. In June of this year, Russian President Vladimir Putin said that given the fact the two countries were able to.
Read more...
The Eurasian Economic Commission Board has set and distributed tariff rate quotas for some meat products and whey for 2022.
The negative production and consumption volume difference is forecasted for 2022 in the countries-EAEU members as follows: beef – 237.4 thousand mt, pork – 34.9 thousand mt, poultry meat – 281.3 thousand mt and whey – 0.5 thousand mt.
For Kazakhstan and Russia, tariff quotas for 2022 are set in the amounts fixed in the WTO joining protocols. For Armenia, Belarus and Kyrgyzstan, tariff quotas are determined within the limits of the difference between production and consumption, considering the volumes requested.
Read more...
Ivan Ivanov, founder and development director of the company Mitless, specializing in the production of plant-based meat, spoke about the prospects of the alternative market during the forum "Intensification of agricultural production and expansion of supply chains" at the Agrorus exhibition, The DairyNews reports.
‘Our company produces 16 SKUs and 1 ton of products per day. In St. Petersburg, we are the only company that produces these products. We plan that sales growth will grow quarterly by 25% and today these forecasts are coming true,’ said Ivan Ivanov.
According to the Daily Storm, there are only about 3 million vegetarians.
Read more...
Russia’s foreign trade turnover has grown by 12% compared to its pre-pandemic level of 2019 and is expected to reach $720 billion in 2021, according to data from the Federal Customs Service.
“You know, everything is developing under a rather optimistic scenario. We have a fairly decent foreign trade turnover, and it continues to grow. And not only in comparison to the disastrous last year – even compared to 2019, we have growth of 12%,” Ruslan Davydov, first deputy head of the FCS, told Izvestia newspaper.
According to Davydov, 2019’s indicators will be exceeded this year, and the total trade turnover for 2021 is expected.
Read more...
The harvesting campaign in Russia is progressing steadily. As of August 31, farmers have harvested 90.3 million tons of grain. Cereals and legumes have been threshed from 33.1 million hectares, higher than last year's rates.
Wheat, in particular, has been harvested from 21.8 million hectares, with 65.6 million tons threshed. Also, farmers have harvested 16.2 million tons of barley and 90 thousand tons of maize.
Sunflower, rapeseed and soybean production has totalled 196.9 thousand tons tonnes, 1.3 million tons and 63.3 thousand tons, respectively. Sugar beet harvest has amounted to 2 million tons. Besides, agricultural enterprises and farms have harvested 783.9.
Read more...
Vietnam’s Minister of Trade, Nguyen Hong Dien has suggested that steps be taken to reach an agreement to establish a free trade zone between ASEAN and the Eurasian Economic Union (EAEU). The comments were made yesterday at the Eastern Economic Forum currently being held in Vladivostok.
ASEAN members include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The bloc has a population of some 662 million and a GDP (PPP) of about US$9 trillion and makes up the bulk of Southeast Asia. ASEAN also has Free Trade Agreements with China and India and is part of the upcoming RCEP Free Trade bloc, also including Australia,.
Read more...
The share of Russian pork exports in January - April increased to 69 thousand tons. This is stated in the report of the Rosselkhozbank. Vietnam is the first importer. However, the country managed to achieve such indicators only recently. Only in 2020, Russia was able to enter the top 10 exporters of pork meat, and the import of this meat approached nearly zero indicator. So what happened before that?
In 2012, the country was among leading pork importers. And only in 2018, Russia finally managed to provide itself with pork meat. And in 2019, the percentage of exports even surpassed imports. According to the AB Center, since 2014, the total meat production in the country.
Read more...
Pork consumption has increased in Russia as COVID restrictions have forced many Russians to organize their holidays domestically. Combine with this year's ASF outbreaks, increased demand for pork has lifted prices in the Russian market.
According to a Geness Inc market report, live pigs are worth 138.2 Roubles ($1.88) per kg (VAT included), while average prices of different cuts are as follows:
Pork Cut
Roubles/kg
US.
Read more...
Russia and Japan have signed a statement of intent on sustainable energy cooperation between the two countries at the 6th Eastern Economic Forum (EEF) that kicked off in Russia’s Vladivostok on Thursday.
The document, signed by Russian Energy Minister Nikolai Shulginov and Japan’s Minister of Trade, Economy and Industry Hiroshi Kajiyama, covers a variety of potential projects in the field of sustainable energy, including the supply of liquid natural gas (LNG) and condensate, joint development of renewable energy sources, production of hydrogen and gas chemistry products, as well as CO2 capture and storage.
The officials head the.
Read more...
Russian president stressed that there were no restrictions in working in this area for scientific purposes
The widespread use of genetically modified (GM) food in Russia is still premature, Russian President Vladimir Putin said on Wednesday at a meeting with schoolchildren during his trip to the Far East.
"We indeed have a law that limits the use of genetically modified food so that it does not appear on the table. At the same time, there are no restrictions in working in this area for scientific purposes," the head of state said.
"The issue of using genetically modified food is indeed very complicated and specialists believe it is not yet ready.
Read more...
© Inline LLC 2015-2024. Privacy Policy | Terms of Service