Spices and herbs: Chinese investors are interested in Crimea

Published 2021년 3월 2일

Tridge summary

Crimea has the potential to become a hub for the essential oil industry, spice production, and medicinal herbs and teas, according to Valery Zakoptelov, vice-president of the International Alliance of Strategic Projects BRICS. Interested Chinese investors aim to establish a full production cycle of essential oils and spices in the region. However, the lack of finished product production is currently preventing Crimean farms from making a significant portion of their profit. Zakoptelov suggests that by processing and increasing the cost of these products, Crimea could compete in the market, especially with its ecologically favorable conditions for herb production.

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Original content

Crimea can become a Eurasian platform for the development of the essential oil industry, the production of spices, medicinal herbs and teas. Valery Zakoptelov, vice-president of the International Alliance of Strategic Projects BRICS, said this during a press conference in Simferopol. "Chinese investors are interested in organizing a full cycle of production of essential oils and spices on the peninsula: it will include the cultivation, collection, processing of raw materials, as well as the production of finished products," he said. He stressed that the scientists of the "Scientific Research Institute of Agriculture of the Crimea" (NIISH RK) have achieved good results in breeding varieties that are resistant to difficult weather conditions. At the same time, it has not yet been possible to organize the production of finished products - as a result, the Crimean farms are missing out on a significant part of the profit, he said. "Crimean oils, spices and herbs are sent for ...

Source: Oilworld