Trade turnover of agricultural products between Russia and Vietnam has grown by 12% since the beginning of the year

Published 2021년 12월 1일

Tridge summary

Deputy Ministers of Agriculture from Russia and Vietnam have discussed strengthening agricultural trade and cooperation in veterinary and phytosanitary supervision. The meeting highlighted the potential for a preferential trade regime between the EAEU and Vietnam, leading to a 12% increase in mutual agricultural supplies to $796 million over the first ten months of the year. The discussion focused on increasing exports of Russian livestock products, grain, mineral and carbonated waters, chocolate, and confectionery to Vietnam.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Increasing trade in agricultural products and cooperation in the field of veterinary and phytosanitary supervision were discussed by Deputy Minister of Agriculture Sergey Levin and Deputy Minister of Agriculture and Agrarian Development of the Socialist Republic of Vietnam Tran Thanh Nam. The meeting took place at the Russian Ministry of Agriculture. As Sergei Levin noted, the close interaction of the relevant departments and businesses of the two countries, as well as the possibility of a preferential trade regime between the EAEU and Vietnam, made it possible to significantly increase the turnover of agricultural products and food. So, following the results of ten months of this year, mutual supplies increased by 12% to $ 796 million. Russia is interested in increasing exports of livestock products to Vietnam, including pork, milk and fish. In addition, promising areas are an increase in the supply of grain, as well as mineral and ...
Source: Mcx

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