The Deputy Minister of Agriculture Sergey Levin had a working meeting with the Ambassador of the Republic of Iraq to the Russian Federation Abdulrahman Hamid Al-Husseini. The parties discussed bilateral interplay in the agricultural sector, including prospects for further development of trade in agriproducts and food. According to Sergei Levin, Russia considers the Iraqi market as fairly promising in terms of extensive supplies of Russian grain, meat, dairy, oil & fat and confectionery products. The accessibility of agricultural products to the markets of both countries was also in point. The Rosselkhoznadzor activities aimed resuming Russian wheat exports of. Read more...
Spanish doctors have compiled a list of products that strengthen the immune system and protect the body from influenza, SARS, and some other similar diseases. Garlic, which is considered a natural antiviral, antibacterial, and antifungal agent, topped the list. It is followed by almonds that are rich in vitamin E and blueberries, which protect the respiratory tract. Doctors also advise giving preference to chicken or turkey broth in a daily diet, as they prevent the formation of mucus during cold. Sweet potatoes, rich in beta-carotene, and broccoli, which contains vitamins, minerals, antioxidants, and fiber, are also recommended for use. The list also. Read more...
The fall in the value of ruble is sure to bring higher prices of consumer goods, leaving Russians to prepare for higher inflation, the Moscow Timesreports. TheBank of Russiawas forced to halt planned interest rate cuts, as a period of muted price rises comes to an end. The regulator expects inflation to climb above its 4% target by the end of the year. “Taking into account the volatility in the foreign exchange market, the acceleration of inflation from the current low level may begin earlier than expected,” Russia’s Economy Ministry said Tuesday. The rate of inflation has halved over the last 12 months, coming in at just 2.3% in February, and the. Read more...
Accordingly, values of all other indicators will be lower, the head of the Accounts Chamber said. Economic growth rates in Russia may decelerate to zero under the current macroeconomic indicators, head of the Accounts Chamber Alexei Kudrin said on Thursday. "Economic growth rates will be close to zero in this year. Accordingly, values of all other indicators will be lower," he said. The Russian budget may not receive 3 trillion rubles ($39.8 bln) of oil and gas revenues against the oil price of $35 a barrel and the US dollar rate of 72 rubles, Kudrin said. "If we target current figures: the [oil] price of approximately $35 [a barrel] and the [dollar]. Read more...
Ukrainian poultry products are flowing back in to Europe this week following the decision by the European Union to lift most of its import and transit bans. It will allow Ukraine to effectively make use of the additional duty free quota of 50,000 tons of poultry meat per year that it obtained under the Agreement on Poultry concluded by the EU and Ukraine last year. The ban was originally introduced in January following the discovery of High PathogenicAvian Influenza(HPAI) in the western part of the country. In response to theoutbreak, Ukrainian authorities implemented a stamping-out policy to control and limit the spread ofHPAI. They also made use of Article 65. Read more...
Demand for long shelf-life products, household chemicals and personal hygiene items skyrocketed in Russia in February amid a global scare of the coronavirus,Vedomostireports citing a number of retail networks and manufacturers. Infoline AnalyticsDirector General Mikhail Burmistrov says that coronavirus fears are the main reason for the growing demand. Many Russians still remember the late Soviet period, when stores often had little to offer, while others fear that the country will be hit by a crisis like the ones it has seen in the past several years, when the price of certain goods – for instance, buckwheat – could suddenly rise, the. Read more...
Russian imports of pigmeat increased last year but remained at a much lower level compared to previous years. As reported by the umbrella organisation of the Danish agricultural and food industry (Landbrug & Fødevarer, L&F) on the basis of provisional customs data, Russia imported a total of 89,040 t of pork including by-products and bacon in 2019, which was 11.2% more than in the previous year. In 2011 and 2012 Russia still imported more than 1.1 mill. t of pork each. Thereafter, political and veterinary import bans and the strong expansion of domestic production through subsidies led to a massive drop in imports. In addition, the decline of the. Read more...
Damage to the Russian food-sector from the coronavirus will be minimal, possible failures will be compensated, said the head of the trade Committee of “Business Russia” Alexey Fedorov. In early February a number of large retailers have created a pool of potential alternative suppliers. Nutritionists called obligatory products for lent “the short supply of serious harm to the business, thus shopping online, always consider the worst case scenario and make a plan for crisis response”, – says Alexey Fedorov. He is convinced that Russian consumers are just not worth it to panic and purchase the products for the future. Russia. Read more...
Russian poultry exporters have to reduce their poultry exports to China because of overstocking at Chinese ports on the back of the continuing Covid-19 coronavirus epidemic in the country, Russian newspaper Agroinvestor reported. Russia exported 62,600 tonnes of poultry to China, representing $ 143.4 million, the Russian Agricultural Ministry estimated. Thanks to the opening of the Chinese market Russian companies managed to boost the overall revenue from poultry export by 65% to $ 329 million. Numerous Russian companies said they were going to expand poultry export to China even further in 2020. Lack of refrigerator containers for. Read more...
X5 Retail Groupadded around 1,245 new partners to its network of suppliers in Russia in 2019, the company said last week, according toDairy News. The retail giant aims to build long-term and mutually beneficial relationships with local producers through these partnerships. The move will help the company to expand its assortment of locally sourced goods in every region, and allow local producers to expand their businesses and access bigger markets. The company added new suppliers from 71 regions across eight federal districts in the country last year. The Central Federal District saw the highest number of new additions with 449 new partners registering. Read more...
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