Russia Increased Food Exports to Friendly Countries by 25% 

Russia has increased food supplies to friendly countries by 25 per cent this year, the Deputy Prime Minister, Victoria Abramchenko, said in an interview with Rossiya 24 TV channel. 

Picture: IntradeBook

“We will continue this work,” Abramchenko said.

As Abramchenko stressed, surpluses are sold abroad, and the priority for the industry is the implementation of the doctrine of food security, saturation of the domestic market with food.

“Our partners in the EU voluntarily, as a result of the imposed sanctions, refused even food, which was not originally envisaged as sanctioned products,” she said. “But due to the fact that restrictions were imposed on insurance, on logistics, on mutual settlements, our banks, including the Russian Agricultural Bank, were disconnected from the interbank system of mutual settlements, because of all this, for example, we can’t send anything in the EU today,neither mineral fertilizers, nor food.”

At the same time, she recalled that this year the Russian Federation has collected not only a record grain harvest, but has significantly increased the production of vegetables and potatoes.

In addition, the volume of state support for agriculture has been increased this year, all additional revenues “that come to the budget from the fisheries complex, from the agro-industrial complex, are sent back to the industry for a new palette of support measures or for existing state support measures.”

“And, of course, this decision, supported by the President, adopted by the Prime Minister, helped the industry in this difficult period,” the Deputy Prime Minister noted.

As reported, this year the Ministry of Agriculture predicts the export of agricultural products in the amount of more than $40 billion against $37.1 billion in 2021.

Ru-Main, 26.12.2022
Source: Interfax 

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