Foreign minister says current problems are temporary and subjective. Russian Foreign Minister Sergey Lavrov. Source: AP Russia deems the goal of raising the trade turnover with China to $200 billion to be feasible despite the economic circumstances, Russian Foreign Minister Sergei Lavrov said on May 31. "The achievement of the task of raising the bilateral trade turnover to $200 billion by 2020, which has been set by the national leaders, is on the agenda," he said at a Russian-Chinese conference of the Russian International Affairs Council (RIAC) in Moscow. "Some may say that this goal is too big, given the circumstances, but I am sure. Read more...
EU exports of all pig meat products were up by more than a quarter in the first three months of 2016, compared with a year earlier, according to latest figures from the EU Commission. All the main categories of export were higher, on the back of strong demand from Asian markets, in particular. Fresh/frozen pork exports to China more than doubled, while sales to Hong Kong and the Philippines were both up by a third. Japan and the United States both took around 20 per cent more EU pork than in the same period last year. South Korea was the only major market to take significantly less product this year. Offal sales to the Asian markets were similarly strong.. Read more...
The World Organisation for Animal Health (OIE) this week presented its national delegates with its plan to tackle antimicrobial resistance, which is considered a major risk by the international community. Animal agriculture has often been blamed in recent years for a rise in antimicrobial resistance. The new strategy from the OIE aims to preserve the effectiveness of antimicrobials used in animal medicine, protect animal welfare, and contribute to maintaining important antimicrobials used in human medicine. The OIE said it has worked for many years on the subject, in particular by developing dedicated international standards that were revised in 2015, and by taking. Read more...
African swine fever (ASF) continues to spread into new territories in Latvia, Estonia, Ukraine and Russia, threatening the stability of the pig industry in these countries, according to. Read more...
Russia has increased meat production volumes by 13.5% to 792,000 tonnes (t) from January-April 2016 compared with the same period last year, according to a recent report from Russia’s State Statistical Service. Assuming this pace of development continues, the country could experience a major oversupply problem. Read more...
A new report by government analysts studies the impact of Russia’s embargo on Western food imports and decreasing incomes, and shows the changes in consumer spending patterns. The fruit and vegetable market has suffered small losses due to the growth of nonindustrial backyard production. Source: Valeriy Melnikov/RIA Novosti The sharp decline in the incomes of Russians, coupled with the introduction of the embargo on Western food imports in 2014, has led to a decline in the quality of consumption: Russian citizens are being forced to switch to cheaper products and spend more on food, experts from the government's analytical center have concluded. At. Read more...
Funds from Islamic banks will be used for infrastructure projects in the country, Sergei Gorkov, head of Vnesheconombank, said during the Kazan Summit on May 20. “The issue of investment in infrastructure in Russia is very important, and the Russian economy could really use Islamic finance,” Gorkov said, adding thatRussia is expected to close its first deals to attract Islamic capital in the autumn of 2016. Yunus-Bek Yevkurov, president of the Muslim-dominated republic of Ingushetia, said Vnesheconombank, Russia’s largest development institution, has already funded some halal industry projects in the region. Russian banking legislation would have to. Read more...
Despite government protectionism and stiffer import duties on poultry imports, chicken producers in Zimbabwe are still constrained and failing to meet demand, while other producers in South Africa and across Africa have also seen profits decline. Sub-saharan Africa is facing a severe drought that is projected to span to the end of this year. The drought has led to power shortages and high prices for feed-stocks and other key inputs. Poultry producers in the region are reeling under these constraints, with most having to scale down operations and others merely maintaining operations at break-even. Those that are still making profits have seen revenues decline and. Read more...
The European Commission has confirmed that it has made little headway in talks with Russia to restore pork trade, after being accused of “not doing enough”. Read more...
JSC International Rabbit Company and China Nuclear Industry 23 Construction Co are to join forces to build Russia’s. Read more...
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