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.
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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.
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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,.
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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.
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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.
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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.
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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.
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GazprombankandCherkizovo Groupsigned a loan agreement to finance the construction of a high-tech automated production facility for slaughtering pigs and processing pork in the Tula region.
Gazprombank will grant Cherkizovo a 12-year credit facility, providing RUB40.8billion (US$557 million) of the RUB48billion to be invested in the project. The deal is structured as a project financing arrangement under the Ministry of Agriculture’s concessional lending program for agricultural producers.
The slaughtering and processing facility in the Tula region will boost Cherkizovo’s high value-added capacity to 500,000tons per year. Additionally, the new factory will.
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To expand sales to its overseas division, Russia’s largest turkey producer, Damate, has opened up the export of turkey products to Western Africa.
Damatehas already exported 100 tonnes of turkey sausages under a the Salima brand to Ghana, Liberia, and Benin, the Russian magazine Agroinvestor reports.
This is a step forward in the company’s export diversification campaign. Previously, Damate was primarily focused on exporting frozen turkey to Africa. In the first half of 2021, these supplies totaled 3,500 tonnes for 500 million roubles (US$ 6.5 million).
Rashed Khairov, general director of Damate, said that turkey enjoys strong demand in Africa. Still,.
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In July 2021, the largest pig herd was registered in the Belgorod Region – 4667.5 thousand heads.
Top-10 Russian Regions with the Largest Pig Herd, July 2021
The second place in rating got the Kurskregion - 2207.4 thousand heads followed by the Voronezh region – 1694.7 thousand heads.
The other seven regions that made it to the ranking are:
• Pskov Region – 1617.7 thousand heads;
• Tambov Region – 1124.6 thousand heads;
• Chelyabinsk Region - 786 thousand heads;
• Orel Region – 756.6 thousand heads;
• Lipetsk Region – 714.7 thousand heads;
• Republic of Mordovia.
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