The Russian President Vladimir Putin has held discussions with Ecuador’s PresidentGuillermo Lassoconcerning developing trade between the two countries. This has extended to an invitation for Ecuador to participate in a free trade agreement with the Eurasian Economic Union.
Ecuador’s President was sworn into office in May this year. The country is a significant oil producer, yet in need of infrastructure development.Lasso said after the discussion with Putin that“We are making up a roadmap that includes the production of vaccines, railway, energy and oil projects as well as free trade agreements.” He called the conversation with.
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In the Ministry of Finance rejected the idea of introducing in Russia the meat tax. The press service of the ministry stressed that such changes the agency does not discuss and does not consider in any form, it transmits TASS.
“Introduction of meat tax in Russia is not planned. The Ministry of Finance of Russia does not prepare this kind of amendments to tax legislation, this issue is generally not discussed and not considered in any form” – commented on the ministry.
The idea with the introduction of meat tax put forward a special representative of the President of Russia on the issues of digital and technological development Dmitry Sadkov. In.
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Russia and North Korea are to resume trade as soon as borders reopen between the two countries,the Russian Embassy in Pyongyang said yesterday. North Korea closed its borders in January 2020.
The Embassy stated, “An agreement was made to invigorate joint efforts for the purpose of preparing all the required preconditions for the accelerated restoration of commodity cross-flows after the borders open, particularly using the mechanisms of the intergovernmental commission on trade-economic and scientific-research cooperation.”
According to Russian customs, trade between the two countries dropped by 10.8% year-on-year to US$42.74 million in 2020. North.
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This was announced at the online conference "Agricultural Census-2021: an objective view of changes in the agricultural sector" by Pavel Malkov, head of the Federal State Statistics Service, writes The DairyNews.
The speaker cited statistics according to which more than 20 million people were engaged in growing agricultural products in 2020 in Russia, including farm workers and individual entrepreneurs, 3 million people work on private subsidiary farms, and they sell the products themselves.
‘A record harvest - 133.5 million tons of grain was harvested in 2020, the volume of agricultural production amounted to 6.1 trillion rubles, and a third of.
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Bilateral trade at US$220 million leaves plenty of room for development with an EAEU free trade agreement on the horizon
Cambodia and Russia have agreed to boost bilateral cooperation on trade and investment, as the two countries mark the 65-year anniversary of the establishment of diplomatic relations.
The first Russian Online Business Mission to Cambodia was held on July 30, and was presided over by Nhim Khemera, the Cambodian Secretary of State, Ministry of Foreign Affairs and International Cooperation. It was also attended by Kith Meng, President of the Cambodia Chamber of Commerce (CCC).
About 250 participants attended, including businessmen and investors.
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Statistics from the Vietnam’s Customs showed that in the first five months of this year, Vietnam exported 21,300 tonnes ofaquatic productsto Russia, a 72% increase in volume over the past twelve months in business valued at US$72 million.
Russian importers have been taking advantage of theVietnam- Eurasian Economic Union Free Trade Agreement(VN-EAEU FTA).
Of the aquatic produce, frozen shrimp had the largestexportvalue, with 2,000 tonnes, worth US$18.4 million shipped to Russia. That is an increase of 69.6% in volume and 72.9% in value over 2020’s figures.Exports of frozen Octopus and Pangasius (Catfish) also saw strong growth.
It is a.
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Russian President Vladimir Putin has supported the idea of creating a special economic zone in the Belgorod region. The acting governor of the region Vyacheslav Gladkov has voiced plans to double the gross regional product by 2030. In his opinion, this can be done by implementing several investment projects, and attract MNCs by creating a regional special economic zone.
Belgorod is in Russia’s south-west and close to the border with Ukraine. It has an international airport and rail connections with Moscow.
Developing a Belgorod SEZ – which would provide tax incentives in addition to duty free importation of certain products – would cost an.
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Vietnam has been the beneficiary of a Free Trade Agreement with the Eurasian Economic Union since 2016, as a result of which bilateral trade with Russia has boomed. With now three years of experience and investment in increasing trade infrastructure, Russian exporters and manufacturers considering Asia should be conducting market research activities into the opportunities in the Vietnamese market now.
Vietnam is a good choice for a developing trade partner for Russia, it has a large and increasingly prosperous consumer base of 96 million, spending US$0.6 trillion in 2018, and a GDP per capita of about US$2,750. (Russia’s per capita GDP is about US$11,500). National.
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Russia ranked first among meat suppliers to Vietnam in the first half of this year, the Agroexport Federal Center, part of the Russian Agriculture Ministry said last week.“According to results of the first half of 2021, Russia captured the first place among meat exporters to Vietnam, Following Russia, Vietnam’s top five meat suppliers were the US, India, the Netherlands and Poland.”
Russia exported 61,800 tonnes of meat to Vietnam in January-June 2021, which is 2.6 times above the same period in 2020, according to Russian customs statistics. Meat products increased 2.5 times in value terms to US$121 million. Russian pork exports accounted for the bulk.
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Russia has overtaken Australia, Argentina and Brazil in beef exports to the Chinese market, which are likely to grow further over the next five years, the Center for Industry Expertise (CIE) of Russia’s Rosselkhozbank says.
China bought some 3.7 thousand tons of Russian beef in the first quarter of 2021, 20 times more than during the same period last year, the industry department of the agricultural bank reported.
Over 55% of Russia’s total cattle meat exports go to the Chinese market. Overall, Russia sent about 6.5 thousand tons of cattle meat abroad in January-March, nearly two and a half times more than a comparable period in 2020.
The CIE explains.
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