By 2020, Russia may fully provide itself with agricultural products

By 2020, Russia may fully provide itself with fruit and veg of own production, said Alexander Tkachev, Russian Agriculture Minister, at a meeting of G20 agriculture ministers in China. The Russian Federation, according to him, will only import citrus and exotic fruits that cannot be grown in the country.

Alexander Tkachev informed his colleagues that in recent years, due to state support, the Russian agricultural sector has achieved great results. Last year, for the first time, the volumes of agricultural production in Russia exceeded $76 billion, which is 17% more than the previous year.

Last year, Russia exported agricultural products and foodstuffs for more than $16 billion, which is 5 times more than 10 years ago.

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New agriculture minister is appointed to boost food production in Russia

Alexander Tkachev was appointed new Russian agricultural minister. Tkachev is to strengthen food production after Russia reacted to Western sanctions by banning food imports from the EU and US.

“We need to fill our market with our own products, the products of domestic producers, and we need to do it quickly, to ease pressure on the food market, decrease prices and so on,” Putin said at a meeting announcing Tkachev’s appointment. The 54-year-old minister replaces Nikolai Fyodorov, who was being moved to an advisory role in the Kremlin.

Russia banned Western food imports until August 2015 after the European Union and United States accused it of supporting separatist rebels in eastern Ukraine and subsequently imposed sanctions.

Putin said the food ban was a good opportunity to improve Russia’s agricultural industry. However, domestic producers had neither the capacity nor the right quality to replace food from abroad. This caused an increase in food prices.

Moscow is now pinning its hopes on Tkachev, who has been serving as the governor of Krasnodar since 2001. The region produces nearly 12 million tons of wheat every year, contributing more than 10 percent to Russia’s wheat exports.

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Russia threatens Kiev with limits on agrarian trade

Dmitri Medvedev, the Russian Prime Minister, has threatened the Ukraine with “serious sanctions” in the agrarian trade if their neighbouring country were to leave the Commonwealth of Independent States (CIS) or sign an agreement of union with the EU. A limit on the bilateral trading regime would be unavoidable, as Moscow is obliged to represent the interests of its agricultural producers, said Medvedev on the 5th of April during a congress of national delegates in Wolgograd.

The adjustments would take place within the framework of the rules of the World Trade Organisation (WTO), he assured them. Medvedev had previously stated that Moscow would respect the decision of the Ukraine to integrate into the EU, but that it would have to protect itself against possible consequences that could arise due to the easier access EU products would have to the Ukrainian market.

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The authorities of the Russian Federation will allocate 42 billion rubles for development of agricultural land

According to the Ministry of Agriculture, this year, the authorities intend to allocate more than 42 billion rubles for the development of rural areas in the country. About 16.4 billion rubles will be allocated from the federal budget, 17.5 – from the regions, and the remaining 8.3 billion will come from extra-budgetary sources.

This figure is slightly less than the investments in the agriculture sector in the past year, when the funding was about 45.5 billion – 17 billion of the federal budget, 18.3 billion from regions and 10.2 billion from extra-budgetary funds.

Source: www.fruitnews.ru