Russian President Vladimir Putin extended food counter-sanctions against the EU, the United States and several other countries until the end of 2020. This is reported on the official portal of legal information.The government was instructed to make proposals for changing their duration. The document has already entered into force. For the first time the Russian Federation imposed sanctions against the United States and the EU in August 2014 in response to similar actions on their part in the spring of the same year. First, the restrictions affected the entry and activities of Russian companies, politicians and businessmen, then - various products. Later, Australia,. Read more...
Russian gross domestic product (GDP) growth slowed to 0.2% in May from a revised rate of 1.7% in the previous month, the Russian Economy Ministry said on Friday, according toGazeta.ru. TheBank of Russiasaid this month it hadloweredits 2019 GDP forecast to 1.0-1.5% from 1.2-1.7%. Russia’s economy has been stagnating lately after it overcome a nearly three-year-long recession. The boost that growth is supposed to get from the $390billion investments planned for president Vladimir Putin’s12 national projectsis still at least two years away and the administration is still arguing over how much to allot to which project. The positive effects of this spending. Read more...
Western economic restrictions have deprived the Russian economy of $50 billion, but the European Union has been hit harder, losing $240 billion since 2014, Russian President Vladimir Putin said,RTreported. Other countries also felt the impact of anti-Russian sanctions, Putin said as heanswered citizens’ questions during the annual Direct Line Q&A sessionin Moscow on Thursday. The United States, which does not have the biggest trade turnover with Russia, has lost $17 billion due to sanctions, while Japan lost $27 billion, RT adds The Russian President added that the West is unlikely to significantly change its attitude toward Russia anytime soon, so Russia. Read more...
Japan can lift the ban on the import of Russian chicken. Reports the edition about Nikkei.The reason for the possible lifting of restrictions, the publication calls the desire to meet the growing domestic demand for the product. Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe are expected to agree on this at the G20 summit in Osaka. Presumably, the ban will be lifted no earlier than 2020. It is noted that the import will be allowed only for commercial purposes. Japan bans the import of chicken and other poultry from most countries of the world due to concerns about infectious diseases, the publication adds. At the moment, the largest supplier of. Read more...
Why sausages and wieners prices greatly increased?According to Rosstat, for 10 years, sausage priceshave risenby 200%. And this process continues: only in the last 12 months, retail prices for these categories of sausages rose again by 8% - on average, to 367.97 rubles. Why are instant sausages made of cranked or shredded meat rising in price so noticeably? On this account there are different opinions. For example, NeoAnalytics experts believe that the main reason for the rise in prices is an unsuccessful 2018 year. Compared to 2017, production volumes fell by 6.4%: up to 2.3 million tons. Another reason is the increase in VAT from 18 to 20%, but the increase in. Read more...
According to the PRIME agency, about 140 companies represented Russia at the VI Russian-Chinese EXPO as part of the 30th Harbin International Trade and Economic Exhibition. From June 15 to 19, more than 234 thousand people visited it. Yesterday the exhibition was completed. This year, the EXPO was held under the motto "Interregional cooperation between China and Russia: opportunities, potential and future." This year, the Russian Export Center (REC) organized the «Made in Russia» zone in such a way that each region of the country had a separate stand. The guest of honor - the Sakha Republic - struck the Chinese imagination with the wealth and. Read more...
Igor Babaev, the founder of Cherkizovo Group, expects China to open the market for Russian pork and doesn't want to lose the momentum. Therefore, the Group announced that it will build 40 new farms in the Penza region to be prepared for exports to Asia. "We view Asia as our key export destination. We expect the Chinese market to open in the near future, creating lots of opportunities, of which we should be ready to take advantage. Russia has about 40 million pigs, an insignificant number compared with China’s stock of 600 million animals. Still, we have great potential for boosting pork production and exports, benefiting from lower biological risks in Russia. Read more...
Israel, Turkey, Kuwait, Oman, Japan, South Korea, and the countries of the European Union are targeted for horse and lamb meat exports. Kazakhstan is looking to increase the presence of its meat and livestock exports in other markets than the traditional ones such as China and Russia. Countries from the Persian Gulf are the first targeted but Israel, Turkey, Japan, South Korea, and the countries of the European Union are also in focus, declared the Minister of Agriculture, Saparkhan Omarov, according to New Europe. Kazakhstan is already exporting meat products to Iran, the United Arab Emirates, Qatar and Kuwait and recently agreed on veterinary requirements for the. Read more...
Federal State Statistics Service (Rosstat) published summary information on meat and meat products production in January-May 2019. For the first five months of this year, the volume of meat production in Russia increased by 10.5% compared to the same period in 2018 - to 1.1 million tons. The output of semi-finished products in the reporting period amounted to 1.4 million tons - the volume of their production increased by 11% compared to last year's figure for the same period. Rosstat notes a slight increase in the production of sausages - up to 899 thousand tons (0.2%). The decline in food production can be traced only in the poultry sector. In January-May 2019, the. Read more...
According to the Rosselkhoznadzor, veterinary certificates for these products were "fundamentally agreed" during negotiations with representatives of the Algerian Veterinary Service, which took place during the 87th General Session of the World Organization for Animal Health (OIE) in Paris Representatives of the Rosselkhoznadzor handed over two copies of signed veterinary certificates to their Algerian colleagues. Deliveries of dairy and meat products to Algeria can begin immediately after the Rosselkhoznadzor receives and places on its website the veterinary certificates signed by the Algerian side. Import of products is allowed only to those enterprises. Read more...
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