Rosselkhoznadzor - Press Rosselkhoznadzor - Press en Rosselkhoznadzor 2007 - 2009 (Web Admin) (Web Admin) First truck with Turkish tomatoes arrives in Russia The first truck with 20 tons of tomatoes from Turkey arrived in Russia following the introduction of an agreement on the volume of tomatoes supply from this country.“Fura with 20 tons of tomatoes from one of the three authorized enterprises of Turkey arrived today,” according to the territorial department of the Rosselkhoznadzor for the Bryansk and Smolensk regions, RIA Novosti reported.The department informed that standard procedures for checking cargo by the veterinary and customs services are now in progress.

“The samples of the goods are taken, the documents are examined, the compliance of the declared (goods - ed.) with the documents is checked,” according to the agency. Round tomatoes of Bandita variety were produced and exported by Agrobay agro group, while Galafrut LLC is the importer. The tomatoes were packed on November 8 and their shelf life is 30 days. Russia has officially allowed the import of Turkish tomatoes on quotas set by the Agriculture Ministry in late October. From November 1, Russia lifted a strict ban on the import of tomatoes from Turkey. Nevertheless, certain restrictions still remain in place. Ankara will be able to deliver 50,000 tons of tomatoes to the Russian market by the end of the year. Previously, the Russian Agriculture Ministry has submitted to the Government its proposals on the mechanism for the resumption of tomato imports from Turkey. Russia levied an embargo on the imports of certain products from Turkey because of the jet-downing crisis in late 2015. Many have been resolved, except the tomato ban, which is the most serious for the Turkish suppliers.

Rosselkhoznadzor, which has recently inspected several Turkish tomato producers, announced earlier that it can consider only large manufacturers for issuing permits for the tomato import. Currently, there are two types of restrictions with respect to Turkish tomatoes. One of them was introduced by the government of the country. The second is a technical ban, introduced by the Rosselkhoznadzor in connection with the detection of contaminated quarantineable products coming to Russia from Turkey. The ban on the tomato import is considered to be the most negative for Turkey since Russia was the largest market for the Turkish tomato export with annual profit amounting to billions of dollars. After the tomato ban, the amount of Turkish tomato exports to Russia decreased by 10.3 percent while their value dropped by 34.3 percent in 2016. Turkey exported 541,000 tons of tomatoes to Russia in 2015, however, the amount fell to 486,000 tons. The value of tomato exports to the country was $365.3 million in 2015 and later decreased to $239.9 million, Daily Sabah reported. However, during the first seven months of the current year, the amount of tomatoes exported to Russia increased by 9.4 percent and the value of tomato exports also surged by 24.7 percent. During the period of January-July, Turkey's tomato exports to Russia reached $198.3 million from last year's $159 million. Moreover, last year, the amount of tomato exports were recorded at 322,000 tons while it reached to 353,000 tons this year during the first seven months. 

]]> AZERNEWS Thu, 16 Nov 2017 12:00:00 +0300
Russian Grain Exports to Saudi Arabia Grew by 22% Russia is ramping up business ties with Saudi Arabia amid the recent strengthening of relations after King Salman bin Abdulaziz Al Saud’s visit to Russia.

Since the beginning of the 2017-2018 crop year on July and up to October 16, Russia has increased its exports of grain and its derived products to Saudi Arabia by 22 percent to 854,000 tons in comparison to the same period last year, Russia’s Rosselkhoznadzor agriculture watchdog said on Monday.

According to Rosselkhoznadzor, barley accounts for 99.7 percent, or 851,000 tons, of Russia’s exports, while peas and chickpeas account for the remaining shipments. The watchdog noted that Saudi Arabia was the fourth leading importer of Russian grain.

In the 2016-2017 crop year, Saudi Arabia occupied 10th place among importers of Russian grain and its derived products.

In the beginning of October, King Salman bin Abdulaziz Al Saud paid his first-ever official visit to Russia, described by Putin as a “landmark” event. The meeting of the two leaders has resulted in a number of agreements being concluded in various fields, including those of trade, investment and economy.

In August, Russian Agriculture Minister Alexander Tkachev announced that Russia could harvest up to 110 million metric tons of grain this year and export up to 40 million tons in the 2017-2018 harvest year. The country’s 2016-2017 harvest year grain exports set a record of 35.3 million metric tons, including more than 27 million tons of wheat. 

]]> Hellenic shipping news Wed, 01 Nov 2017 12:00:00 +0300
Russia becomes the world's leading wheat exporter

Russia has become the world leader in the export of wheat, surpassing the U.S. and Canada, the country's Minister of Agriculture Alexander Tkachev told journalists on April 28. According to Tkachev, Russia will supply about 25 million tons of wheat on the external market by the end of 2016.

In 2015 Russia achieved record levels in the harvest of corn (13.2 million tons), rice (1.1 million tons), soybeans (2.7 million tons) and buckwheat (900,000 tons), the minister said. The total grain harvest amounted to 104.8 million tons in 2015.

Russia’s position as a leading wheat exporter in 2016 was reported by The Wall Street Journal in February, citing data from the U.S. Department of Agriculture.

 ]]> Wed, 04 May 2016 12:00:00 +0300
Russia, Philippines ready to boost trade in agricultural products–ministry

Russia and the Philippines are prepared to increase bilateral trade in agricultural products, Russia's Agriculture Ministry said after a meeting between Deputy Agriculture Minister Sergei Levin and the deputy agriculture minister of the Philippines, Dennis Guerrero.

They discussed the current state and prospective areas of cooperation between the two countries in agriculture, including development of trade, providing access for agricultural products to the markets of Russia and the Philippines, as well as technical cooperation in fighting agricultural pests.

 ]]> Thu, 21 Apr 2016 12:00:00 +0300
Pork trade ban with Russia may be a lasting one

The trade conflict between the European Union (EU) and Russia is likely to become a lasting one, despite the World Trade Organization (WTO) having intervened.

Recently, WTO experts expressed their opinions on the Russian ban on EU pork. The import ban was implemented by Russia when African Swine Fever (ASF) was confirmed in 4 eastern EU countries, Latvia, Lithuania, Estonia and Poland. Unclear for now is the exact details of the WTO report – the confidential document was only sent to the parties involved and shall only become public in 1 to 2 months.

"Import ban for entire EU is disproportional"

Likely, the WTO will rule that the import ban for pork from the entire EU is disproportional. Frans van Dongen, spokesman for the Netherlands central meat organisation, told Dutch agricultural news title Boerderij that the WTO most probably will advise to follow recommendations by the World Organisation for Animal Health (OIE). The OIE recommends only to ban pork from infected regions.

Van Dongen added that in his view Russia would be happy to negotiate the exclusion of countries instead of regions. Politically, however, this is a delicate issue, and Poland is especially against this solution.

Implementation time

Should the WTO indeed follow the OIE recommendations, then there's still a long way to go. Wiebren van Dijk, a Dutch diplomat in Geneva, Switzerland, focusing on e.g. WTO matters, told Boerderij that things are always balanced. He added that none of the parties involved will be considered to be 100% right. He said, "There will always be recommendations about what countries need to adjust."

For that, countries will get a 'reasonable period of time', for implementing certain measures in its legislation – varying from 8 months to 2 years. Russia for instance could come up with negotiations with all EU member states or opt for an appeal. Van Dijk, "In almost 70% of the cases recently the route of an appeal has been taken." An appeal could take another 6 months.

EU 'ASF-free' certificate

Should Russia choose to implement the WTO suggestions, a practical problem remains as well. All EU member states use the same export certificate. This certificate notes that the entire EU, with the exception of the island of Sicily, Italy, which is free from ASF. A new certificate is therefore necessary for either the entire EU except the new infected areas – or a new certificate would be needed for each individual member state.

 ]]> PigProgress Mon, 18 Apr 2016 12:00:00 +0300
Food at centre of Russia v Ukraine dispute While the sanctions war between Russian prime minister Vladimir Putin and the west continues, Russia is now engaged in a battle of sanctions with its western neighbour, Ukraine.

Russia imposed a ban on the import of agricultural products, raw materials and foodstuffs from its western neighbour, Ukraine, in December 2015.

This ban came into effect on 1 January 2016.

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Russia’s food exports continue to grow – but where are they going?

In spite of the sanctions and its own food embargo against the West, Russia remains one of the world's largest exporters of agricultural products, delivering them to 140 countries. At year-end, Russian food exports for 2015 could reach $20 billion.

The basis of the Russian agricultural exports is formed by crops, vegetable oil, meat, poultry, fish and seafood. Source: Reuters

In 2015, agricultural exports from Russia could reach $20 billion, which is $5 billion more than in the previous year, the Russian Ministry of Agriculture has estimated, based on statistical data for the first three quarters.

More than two thirds of Russia's exports of food and agricultural products are aimed at foreign countries. The key trading partners include the EU, in particular Germany and the Netherlands, as well as African countries and China. In total, Russia exports its products to 140 countries, according to World Trade Center estimates.

From grain to vodka

The basis of the Russian agricultural exports is formed by crops, vegetable oil, meat, poultry, fish and seafood.

The key purchasers of, for instance, Russian wheat and barley are Egypt, Saudi Arabia, Iran, Azerbaijan, Yemen, Libya, Nigeria, South Africa and Korea. Russia exports about 30 million tons of grain annually to 127 countries.

Russia also ships vegetables to 86 countries, with the largest volumes being delivered to Turkey, India and Lithuania. The country exports vegetable and animal oils to Turkey and Egypt, Kazakhstan, Algeria and another 90 countries. Fruit and nuts are exported to Belarus, China, Kazakhstan and Lithuania.

Meat and its by-products are supplied to 49 countries, including the Eurasian Economic Union member countries, as well as Ukraine, Finland, Korea, Vietnam, Mongolia and Thailand.

Fish and shellfish are delivered to 82 countries, the largest volumes being exported to Korea and China as well as Japan, the Netherlands and the island nations such as the Seychelles and the Marshall Islands.

Azerbaijan, Kazakhstan, Ukraine, Egypt, Belarus, Serbia and Turkey are the main consumers of Russian tobacco.

A record number of countries are buying Russian alcohol, soft drinks and vinegar. There are 40 countries on this list, including such exotic ones as Haiti, Cote d'Ivoire, French Polynesia and Ethiopia. The basis of exports to these countries is not vinegar but vodka.

Minus Ukraine and Turkey

This year's exports, including agricultural exports, are experiencing significant pressure from the geopolitical factor. The most significant changes are expected in two export destinations – Ukraine and Turkey.

According to the Ministry of Agriculture, the export of agricultural products and foods from Russia to Ukraine during the first 10 months of 2015, decreased in terms of value by 20.6 percent year-on-year.

This was due to lower shipments of barley and other crops, finished grain products, tea and coffee, margarine, canned fish, sugar confectionery, chocolate, processed fruit and vegetable products, as well as vodka and tobacco.

At the same time, there was an increase in the supply of poultry, frozen fish, vegetables and sunflower oil. This year's share of imports from Ukraine to Russia was approximately 1.5 times lower ($268 million) than the share of exports from Russia to Ukraine ($411 million).

The negative dynamics is likely to increase next year. The association agreement between Ukraine and the EU, which concerns the Free Trade Zone, will enter into force on Jan. 1, 2016.

In response, Russia has decided to introduce a food embargo against Ukraine as it has done with the EU countries. However, Belarus has promised to provide substitutes for Ukrainian produce in the Russian food market.

A food embargo has also been introduced against Turkey because of the Russian bomber downed by the Turkish air force on the border between Turkey and Syria on Nov. 24.

It appears that the ban on Turkish imports will be limited to fruit and vegetables. Turkey now says that it will not introduce any retaliatory measures. The main component of food exports from Russia to Turkey (56.1 percent) is grain crops.

Exports of food and agricultural products from Russia to Turkey increased by one third to $2.4 billion in 2014. Since the beginning of this year, Russia has exported 3.5 million tons of grain to Turkey. During the first 10 months of 2015, Russia exported to Turkey $1.4 billion worth of food, which is almost by 25 percent lower than a year earlier.

 ]]> Mon, 11 Jan 2016 12:00:00 +0300
Russian poultry production on the increase

Poultry production in Russia is on the increase with the first 9 months of this year seeing an 8.2% rise over last year’s output, according to the country’s Ministry of Agriculture.

Across all categories of farms, slaughter in live weight amounted to 4.315 million tonnes an increase of 325,300 tonnes over the same period last year.

Leading poultry regions

The leading regions in the production of poultry during this period were: Mari El Republic – 51,600 tonnes,Belgorod Oblast – 36,100 tonnes,Bryansk Oblast – 41,100 tonnes, Novgorod region – 26,200 tonnes. Also the production of poultry for slaughter in live weight has strongly raised in Pskov (from 2,800 tonnes to 13,700 tonnes) and Ivanovo (from 1,400 tonnes to 16,800 tonnes) in comparison with the last year.

In September of this year the average price of egg and poultry meat in live weight among agricultural producers amounted to RUB 36.4/dozen (US$ 0.56) and RUB 94.97/kg (US$ 1.5), respectively, for eggs the price has increased by 12.8%, for poultry this has decreased by 3.5% compared to the prices of September 2014.

 ]]> Fri, 04 Dec 2015 12:00:00 +0300
Russian embargo forces farmers to make painful price cuts

A Russian embargo on Turkish fruits and vegetables has forced farmers to cut prices on the domestic market, resulting in the steep price decreases for a large number of agricultural products.

“This season was great for fruits and vegetables, and then this crisis struck,” Federation of Fruit and Vegetable Brokers and Salesmen (TÜMESKOM) President Burhan Er said, speaking to the Doğan news agency (DHA). Russia has imposed a variety of sanctions on Turkey in retaliation for the shooting down of a Russian jet that reportedly ventured into Turkey's airspace near the Syrian border.

 ]]> Thu, 03 Dec 2015 12:00:00 +0300
How Russia’s sanctions against Turkey will affect both economies

The sanctions that Moscow is introducing against Turkey will mainly affect Turkish imports, say Russian experts. Yet trade between the two countries is largely made up of Russian exports, primarily wheat and gas, and the authorities have so far no plans to bring in any restrictions in these sectors.

Russia has imposed a series of economic sanctions against Turkey in response to the shooting down of a Russian bomber near the Syria-Turkey border on Nov. 24. A decree to that effect was signed by Russian President Vladimir Putin on Nov. 28, the Kremlin press service has reported.

As of Jan. 1, 2016, Russian companies will no longer be able to hire Turkish nationals and visa-free travel between the two countries will be suspended. In addition, in the near future the authorities will ban the use of Turkish subcontractors to implement state orders, however, the government is yet to decide which specific industries will be affected by these restrictions.

According to the official Russian statistics authority, Rosstat, Turkey is Russia’s fifth-largest trade partner. In 2014, trade between the two countries amounted to $31 billion, and in the first nine months of 2015, to $18.1 billion.

Most of these amounts are made up of Russian exports: In 2015, Turkish imports stood at just slightly over $3 billion. At the end of 2015, trade between the two countries was expected to reach $23-25 billion, with Russian exports amounting to some $20 billion and imports to a mere $4-5 billion, according to Alexander Knobel, head of international trade studies at the Russian Presidential Academy of National Economy and Public Administration.

Trade links

The lion’s share of Russian exports to Turkey is made up of wheat and gas, for which no restrictions are envisaged. In 2014, Russian gas giant Gazprom supplied Turkey with 27.3 billion cubic meters of gas, making Turkey the second biggest buyer of Russian gas after Germany.

For its part, in the first nine months of 2015, Turkey imported $1 billion worth of foodstuffs into Russia, with tomatoes and citrus fruit making up more than half of imported amounts. According to Knobel, Russia is unlikely to restrict the import of vegetables ahead of the New Year holidays. He predicts that Moscow is more likely to step up sanitary checks on food imports coming from Turkey.

Another large section of Turkish imports is made up of fabrics and textiles: Many Russian clothes and footwear retailers place their orders with factories in Turkey. According to Rosstat data, in the first nine months of 2015, Russia imported nearly $514 million worth of fabrics and textiles from Turkey and about $48 million worth of footwear. If the sanctions affect this sector too, Turkish goods could be delivered to Russia via Belarus, predicts Olga Zhiltsova, managing director of the Marketolog company.

Reduction in trade

The sanctions may drive Turkish construction companies out of the Russian market.

“There are quite a few Turkish companies working in the real estate segment, especially commercial real estate, and we do not rule out the possibility that some of them may quit some large-scale projects inside Russia. Trust in them as partners has been undermined,” Russian Construction Minister Mikhail Men told the RBK news agency.

Overall, experts forecast, trade between the two countries is unlikely to drop by more than 50 percent. “I don’t think that in 2016, the reduction in trade will be even as high as 50 percent,” said Alexander Knobel.

Having said that, he continued, the biggest losses may come from unrealized future projects. As Turkish President Recep Tayyip Erdogan declared previously, by 2020 trade with Russia could reach $100 billion.

This figure was largely based on expectations for large-scale interstate projects, like the Turkish Stream gas pipeline and the Akkuyu nuclear power plant, which are likely to be dropped in the current situation, said Knobel. 

 ]]> Wed, 02 Dec 2015 12:00:00 +0300
Russia banning poultry imports from Turkish supplier as of Dec. 1

Russia's Federal Veterinary and Phyto-Sanitary Oversight Service (Rosselkhoznadzor) is banning imports of poultry meat from a Turkish supplier effective December 1.

The watchdog said the ban is being imposed on the products of Standart Gida Sanayi ve Ticaret Anonim Sirkorti because Listeria was found in the meat.

Products shipped to Russia prior to December 1 will be subject to tighter laboratory control.

Sixteen companies in Turkey currently have the right to ship poultry meat to Russia, but a ban has been imposed on six of them due to violations of veterinary requirements. The products of one supplier previously cited for violations are under tighter lab control. If this supplier is found in violation again, it will also be barred from supplying products to Russia.

 ]]> Wed, 02 Dec 2015 12:00:00 +0300
Russia says to ban agriculture, fruit, veg imports from Turkey

Russia will ban mainly imports of agricultural products, vegetables and fruits from Turkey and may expand its sanctions if needed, senior officials said at a government meeting on Monday.

Moscow may delay the introduction of the food import restrictions for several weeks to ease inflationary pressure, said Arkady Dvorkovich, a deputy prime minister.

 ]]> Tue, 01 Dec 2015 12:00:00 +0300
Morocco-Russia free trade agreement to boost exports?

The Minister of Foreign Trade, Mohammed Abbou, has announced a free trade agreement between Russia and Morocco. He said that a Moroccan-Russian committee has been created to discuss the project. Hassan Sentissi, President of ASMEX (Moroccan exporters association) says that this decision will «encourage exports to Russia and develop niches (markets that are not yet developed, ed.) so that our exchanges are more or less balanced. It is an asset for us».

Morocco is Russia’s main commercial partner on the African continent and they mainly export citrus fruit, vegetables and frozen sardines.

In 2013, Russia was Morocco’s 16th client and their 6th supplier. Morocco was Russia’s 53rd supplier and 50th client.

]]> Mon, 30 Nov 2015 12:00:00 +0300
Consequences fresh produce sanctions against Turkey unclear

Last week, Russia announced it wanted to impose economic sanctions against Turkey in retaliation for the downing of the Russian war plane. Last weekend, the Russian government published the list of measures, which still leaves many questions unanswered, and brings up new ones.

The Russian government imposes a limit on the import of "certain goods". What products will end up on this list exactly, remains unclear. In addition, a ban has been issued on "certain business activities" by Turkish companies on Russian soil. Restrictions have also been enacted on hiring Turkish employees, which is mainly expected to hit the construction sector. In that sector, Turkish companies have been making quite a bit of headway recently.

The newspaper Izvestia reports that the economic measures of the ban will be similar to that against Europe and the EU. The ban may affect chilled and frozen red meat and poultry, dairy products, vegetables, fruits, nuts, whole fish and seafood, reports the newspaper citing a source close to the Ministry of Agriculture. According to some reports, a complete list will be published today. The newspaper Vedomosti, citing a senior official also said: restrictions will be selective, the government is acting cautiously - in the light of the upcoming holidays. Especially as it has been reported that if imports from Turkey are not quickly replaced, prices will rise. The Ministry of Agriculture earlier promised that in the case of an embargo they would be able to replace entire production in the course of a week.

Ankara has criticised Moscow's position as cold blooded, Bloomberg quoted the prime minister Davutoglu. He recalled that Russia also has economic interests in Turkey. Earlier, he said that Ankara is leaving all channels of cooperation with Moscow open.

In terms of logistics, measures have also been taken. Charter flights between the countries are banned, Turkish transport business that operate in Russia are inspected more strictly, and customs was ordered to tighten inspections of Turkish ships in the ports at the Azov and the Black Sea.

Finally, there won't be any visa-free travelling for Turks to Russia, and tourist trips to Turkey are discouraged. This puts a stop to the flow of 4.5 million Russian tourists who travel to Turkey each year. Of all tourists visiting Turkey, twelve percent comes from Russia.

The sanctions remain in force until the situation changes. Russia also hinted that the sanctions could be tightened, for instance by postponing construction of a gas pipeline in the Black Sea, and construction of a nuclear plant.

 ]]> Mon, 30 Nov 2015 12:00:00 +0300
Russia Bans Some Turkish Poultry Imports

RUSSIA — Russia is restricting trade in agricultural products from Turkey, including stopping imports of poultry products from one of Turkey’s biggest poultry exporters.

The news comes just days after a Russian plane was shot down in the Middle East.

The loss of the plane has led to a decline in relations between the two countries, with more restrictive trade measures due to be announced after the Russian Prime Minister Dmitry Medvedev instructed ministries to prepare proposals for restrictive measures.

Russian media reported that the country’s veterinary service Rosselkhoznadzor has banned poultry supplies from a Turkish company in connection with Listeria found in products. Restrictions are introduced against the company Standart Gida Sanayi ve Ticaret Anonim Sirketi, the regulator said.

Sixteen Turkish companies have the right to supply poultry to Russia, TASS Russian news agency reported. Six of them have been subjected to temporary restrictions and products of one more supplier is now under stronger supervision.

Russia’s Minister of Agriculture, Alexander Tkachev, said: «I have informed the government of the Russian Federation that, unfortunately, on average, 15 per cent of Turkish agricultural products does not comply with Russian standards.

«Given the repeated violations of the rules of Turkish manufacturers, Russian Government instructed Rosselkhoznadzor put on strict control of delivery of agricultural products and food from Turkey, as well as arrange additional checks at the border and in places of production directly to the Republic of Turkey,» Mr Tkachev said.

In 2014 imports of agricultural products and foodstuffs from Turkey amounted to 1.764 billion US dollars, while its share in total Russian food imports was 4.3 per cent.

]]> ThePoultrySite Fri, 27 Nov 2015 12:00:00 +0300
Russia bans Turkish poultry just one day after fighter jet is shot down

Russia has banned poultry from Turkey just one day after one of its fighter jets was shot down.

Moscow today announced it was banning all poultry supplies from a major supplier into the country.

The Russian agricultural watchdog said it had banned the poultry in connection with Listeria which had been discovered in one of the products.

 ]]> Thu, 26 Nov 2015 12:00:00 +0300
Russian pork giants hope to export to China

Awaiting certification to export to China, both companies are being visited by specialists from the Chinese General Administration of Quality Supervision, Inspection and Quarantine for inspection, the Russian veterinary watchdog Rosselkhoznadzor reported.

Worries about ASF outbreaks

Allegedly, Chinese experts are worried about African Swine Fever (ASF) outbreaks in Eastern Europe. The virus hit the Russian pig industry hard. Subsequently, the Chinese inspectors will check the biological security at the production sites of companies.

Miratorg hopes to begin deliveries to China by the end of the year. Apart from exporting to China, Miratorg also would like to reach the Japanese, South Korean markets, as well as those in the European Union (EU) and Brazil.

Two pig farms on Sakhalin Island

At the same time, Agro-Belogorye plans to launch two pig farms, with feed and meat processing capacities – for the production of 13,000 tonnes of pork per year, on Sakhalin Island, Russia's largest island, located north of Japan. This location also seems attractive to export pork to China.

Previously costs of the project were reported to be relatively high. However, the feasibility of launching supplies to China has become more probable, given the recent devaluation of the Russian rouble.

 ]]> Tue, 10 Nov 2015 12:00:00 +0300
Russian export strategy shifts east

Russia is to focus on exporting meat primarily to Asian countries in the next few years, according to the country’s Agriculture Minister Alexander Tkachev. He estimates that, in two to three years, Russia will export 200,000 tonnes (t) annually to the Asia-Pacific region, primarily poultry and pork.

 ]]> GlobalMeatNews Mon, 02 Nov 2015 12:00:00 +0300
China, India offer Russia barter system for agricultural products

China, India, Iran and Turkey have offered to use the barter system in the food industry with Russia to avoid transactions in dollars, Russian agricultural watchdog aide Alexei Alekseyenko told Sputnik News.

“We have been getting suggestions from various countries that accounts should be handled in national currencies, or even using mutual goods, that is the barter system, “Alekseyenko told the news agency. “We’ve had negotiations in Tehran, Ankara, New Delhi, Beijing, and so forth.”

Russia is looking at trading national currencies with China, India and Indonesia.

 ]]> Fri, 30 Oct 2015 12:00:00 +0300
Decrease Chinese fruit export to Russia

Russian fruit prices have increased between 30% and 50% over the past year. Main reasons are a weak Ruble and the EU import ban with the country. Oranges witnessed the biggest price increase with 58%, followed by bananas, apples and pears. Russia imports 90% of its fruit. Local supply is only available for three months during the year.

Export from China to Russia has considerably decreased over the summer.

Due to inflation of the Chinese Yuan and start of the Russian season for a number of fruit and vegetables, export through Sui Fen He, a boarder town between Russia and China, has considerably decreased. Sui Fen He is one of the largest export hubs for fresh products between China and Russia.

In July 2015, 11,026 tons fresh products with an estimated value of $90,567,800 passed Sui Fen He. This is almost 30% less than the year before.

 ]]> FreshPlaza Tue, 20 Oct 2015 12:00:00 +0300