Steps within the EAEU have reduced egg prices in Russia

Published 2024년 2월 5일

Tridge summary

The Eurasian Economic Union (EAEU) has contributed to a reduction in egg prices in Russia, as per Deputy Foreign Minister Alexander Pankin. This is due to the EAEU's establishment of a tariff benefit for egg imports from allied nations and adjustments to supply volumes within the Union. Pankin also noted the signing of 12 agreements and several hundred acts aimed at fostering integration within the EAEU, including a temporary measure to raise the threshold for duty-free import of goods and an agreement on mutual recognition of academic degrees.
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Original content

Steps taken within the framework of the Eurasian Economic Union (EAEU) have reduced egg prices in Russia. Deputy Foreign Minister of the Russian Federation Alexander Pankin stated this in an interview with TASS. “After the “Results of the Year” with the President of the Russian Federation Vladimir Vladimirovich Putin in December 2023, the topic on everyone’s lips was the price of chicken eggs in our country, when the increase in demand led to an increase in their cost due to insufficient volumes of domestic production. Ultimately, the decision This problem was the establishment within the EAEU of a tariff benefit for the import of these products from friendly countries into the territory of the Russian Federation, as well as a change in the volume of supplies within the Union,” he noted. “This step has improved the situation: prices are falling, the market is becoming saturated, and there is no shortage,” the diplomat said. Development of integration As Pankin noted, over the past ...
Source: Kvedomosti

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