Russia expects agreements with China worth more than $350 mln to be signed within the framework of the second China International Import Expo (CIIE) currently ongoing in Shanghai, Senior Vice President of Russian Export Center (REC) Alexey Kozhevnikov told reporters on Wednesday. "Last year we signed agreements worth $350 mln with our Chinese partners here within that Expo, while this year we expect that sum to be higher," he said. In 2018, 67 Russian companies took part in the exhibition, Kozhevnikov said, adding that this year. Read more...
Russian poultry producers began exporting their products to China in the spring of 2019. However, only chicken legs and wings were sold to Chenese market. Now Russian producers have managed to expandthe assortment and to increase volumes of poultry meat exporting to China. On November 5, China International Import Expo (CIIE), an importer exhibition, opened in China. During the event, the Russian companyCherkizovo was able to agree to expand sales in the Chinese market. New contracts for the export of poultry products will significantly expand the range of products exported to the PRC. says Cherkizovo. In trade deals, new positions are indicated:. Read more...
Sausages under the brand name Buterbrodnaya containing the genome of African Swine Fever (ASF) were found in 136 stores in 5 Russian regions, Russian veterinary body Rosselhoznadzor said in a statement on its website October 21. The virus DNA was also detected in the raw materials used to produce the sausages at several warehouses, Rosselhoznadzor added. It is not clear how the virus entered the supply chain. In the statement, Rosselhoznadzor stressed that the finding was extremely strange, considering that the meat-processing plant that released the pork containing theASFgenome was sourcing its raw materials exclusively from the farms where. Read more...
The Kremlin is neither discussing nor planning any further increase of the value-added tax (VAT) rate, press secretary of the Russian President Dmitry Peskov told reporters on Tuesday. "There are no discussions concerning the further rate increase at the moment; no plans are also present in this regard," Peskov said. According to new calculations of the Finance Ministry for the draft federal budget of three coming years, extra revenues from the VAT increase will grow by 26% and amount to 639 bln rubles ($10.1 bln) in 2020, RBC reported earlier. The rate increase will provide for 686 bln rubles ($10.8 bln) in 2021, 737 bln rubles ($11.6 bln) in 2022, and. Read more...
While British grain growers hope for a dry spell to speed up planting in rain-saturated fields, newly-sown farms on the other end of the continent in Ukraine are in need of a good soak before winter. The winter-grain planting period is drawing to a close across the Northern Hemisphere, and young crops across some of the world’s top exporters face a mixed bag of conditions. Excess rain is slowing planting in parts of western Europe, while the east has seen too little -- as have the U.S. Plains. Powerhouse Russia, meanwhile, got off to a good start. After sowing, wheat and barley will lie dormant as frigid temperatures set in, and the yields will ultimately be. Read more...
Cherkizovo Group is both Russia’s largest meat manufacturer and a major exporter of by-products. Exotic as they may seem to many Russians, dishes from chicken feet, pig’s ears or trotters are a local speciality in China, Mexico and Egypt. Here is our list of the most popular by-products eaten as delicacies in these countries. Today, China is the undisputed leader in importing meat by-products, with 1.2mt of poultry, pork, and beef by-products brought into its territory last year according to customs statistics (excluding stomachs, sets of intestines and a bladder). Mexico and Egypt rank second and third, with 0.5mt and 0.25mt. Read more...
The Eurasian Economic Union (EAEU) does not look for new members to join the organization, forming a single economic and cultural space is much more important, Russian Prime Minister Dmitry Medvedev said in an interview with Bangkok Post on the eve of the ASEAN Business Investment Summit and the 14th East Asia Summit. "Ultimately, formal accession to the EAEU is not that important. We have a different vision of what the Greater Eurasian Partnership is. It is about creating an entire economic and cultural space where people can freely communicate, trade, travel and discover new opportunities for themselves. Their rights and property will be protected by clear. Read more...
The head of the provincial council of the Norwegian administrative-territorial unit Finnmark Ragnhild Wasswick spoke about the need to lift anti-Russian sanctions in an article published in theiFinnmark newspaper. During the celebration of the 75th anniversary of the liberation of East Finnmark, a two-day conference with Russia was held in Norway, during which the politician announced the importance of lifting sanctions from Moscow,Riareported. She noted that after this remark a flurry of criticism fell upon her. Despite this, she explained in detail why she considers this step justified. “We know the Russians, we cooperate with them, trade with them. Of. Read more...
On October 23, Deputy Ministers of Agriculture of the Russian Federation Oksana Lut and Sergey Levin met with the Minister of Food and Agriculture of the Republic of Ghana, Ovusu Afriye Akoko, on the sidelines of the Russia-Africa Economic Forum, which is being held in Sochi. The meeting discussed the development of trade relations between countries. Thus, the volume of mutual trade in agricultural products, raw materials and food between Russia and Ghana in 2018 increased by 32.9% and amounted $ 155 million. At the same time, exports from Russia to Ghana grew by 50.6%. The growth in trade between countries has been observed over the past few years. Over the period. Read more...
In an interview with the Don24 news agency, the Minister of Agriculture of the Rostov Region, Konstantin Rachalovsky, said that by the end of 2019 all the assets of the bankrupt Eurodon holding would be transferred to the Rosselkhozbank (RSHB). The head of the region said that three large investors are ready to tackle the restoration of turkey production at the sites of bankrupt enterprises previously owned by Vadim Vaneev. Most likely, we are talking about the holdings Cherkizovo, Damate and Resource. Last week potential bidders announced their readiness to acquire Eurodon assets at a discount exceeding 50% of the price at which the Russian. Read more...
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