Food Industry News

Eurasian Union is waiting for agricultural growth

The expected increase in agricultural production in the territory of the Eurasian Economic Union for a period of 2016-2017's make 8%, export - 19%, bilateral trade - 15%. Such data are contained in the joint forecast of development of the countries - members of the EAEC, said the Eurasian Economic Commission (EEC).

The median level of self-sufficiency in basic food products EAEC in 2017 year should increase to 94%.

"Creating a consolidated forecasts of demand and supply allows to provide linkages between demand for agricultural products, raw materials and food with the capabilities of domestic producers, to assess the prospects of mutual trade from the point of view of import of products from third countries", - said board member (Minister) for Industry and agro-ECE complex Sergei Sidorsky.

Growth of the Russian agricultural sector on the basis of 2016 year and next year could reach 3% and above, said Russian President Vladimir Putin in an interview with Bloomberg.

See also ... 17/05/2016 RSHN prohibits import of zucchini and pumpkins from Turkey25 / 09/2015 Alcohol excises can be pegged to the euro in the EAEU 01/02 TC thinks about quotas for farmers2016 / 15/02 Agricultural products of the TS are competitive with products from the EU2013 / 18/02 Russia confirms plans for grain supplies to the PRC2013 / 11/03 The conditions for importing agricultural products from Europe are named 2014/15 Agricultural production in Belarus by 09% 2015/02/03 The volume of agricultural production of the Russian Federation in 2015 decreased by 05% 12/2013/17 Belarus expects Russia in 01/2014/4 Tightened control over the supply of products from Turkey 07/02/2013 preferential tariff2012 / 4,7/22 EAEU is protected from the FTZ between the EU and Ukraine

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