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Export of dairy products from Russia can be stimulated by private subsidies

Dairy
Russia
Published May 17, 2023

Original content

The export of dairy products from Russia, which will help reduce surpluses on the market and stabilize prices, can also be regulated using the mechanism of the so-called private subsidies, Dmitry Rylko, director general of the Institute for Agricultural Market Studies (IKAR), believes. "The need to use this mechanism, which functions effectively in some other countries, is due to the fact that the WTO has certain restrictions on export subsidies. The Russian Federation cannot use state export subsidies at all. Under these conditions, business itself can quickly correct the situation," he said. Rylko to Interfax. According to him, in 2023 the situation in dairy farming and in the Russian milk market is very difficult. "Implementation of large investment projects and stimulation of production led to the fact that last year the second largest increase in milk in the commodity sector in the history of the country was received," he said. achieved in winter, the reduction in ...
Source: Milknews
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