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Russia intends to boost agriculture exports

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Prime Minister Dmitry Medvedev has announced an obujective of increasing exports of Russia’s agricultural products from $17 to $19 bn.

He added that the goal is to “boost the potential of exports in the future, keeping in mind that the main task of agriculture is to feed the country itself.”

According to the Prime Minister, it is important to increase export of products in other sectors as well. He also proposed approval of three areas of priority projects in the area of international cooperation and export.

“Within the first project we together with the Russian Export Center will form a favorable environment for our companies to do business on international markets. Next year we’ll propose a broad range of state instruments of financial and non-financial support of exports,” PM said. He added that this area implies “specific program of export credits, the formation of export infrastructure, including industrial zones, trade houses abroad, logistics facilities inside the country and the participation in international exhibitions in a close cooperation of development institution of leading associations in each business sector.”