Russia should enter the top 10 world suppliers of agricultural products by 2030

Published 2021년 6월 17일

Tridge summary

Russia's Prime Minister Mikhail Mishustin and Vice Prime Minister Victoria Abramchenko discussed the results of the Ministry of Agriculture's work and future strategies at a recent meeting. The ministry's focus on strengthening other export directions besides grains, as advocated by Dmitry Patrushev, despite achieving the second largest grain harvest in Russian history and setting record harvests for various crops in 2020. The government supports the development of the agro-industrial complex through state investments, digitalization, and financial incentives, aiming to become one of the top 10 global food suppliers by 2030. The State Program for the utilization of agricultural land and the reclamation complex of Russia until 2030 is also set to boost agricultural development. Despite the COVID-19 restrictions, efforts are being made to stabilize the domestic market and enhance international competitiveness.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Grains have become the basic export position of the Russian Federation - it is time to strengthen other directions, Dmitry Patrushev said at the final meeting of the Collegium of the Ministry of Agriculture of the Russian Federation on June 16, a final meeting of the Collegium of the Ministry of Agriculture of Russia was held, at which the results of the department's work last year and strategic plans for future periods were discussed. In his video message, Prime Minister of the Russian Federation Mikhail Mishustin noted the importance of state support, digitalization, concessional lending to farmers and updating production practices: “I consider it important to pay attention to new measures to support agribusiness. Among them - a postponement in the repayment of preferential loans, as well as the expansion of opportunities for their targeted use for a number of sub-sectors. Additional subsidies to the flour and bakery industries. These and other decisions helped manufacturers to ...

Source: Agroxxi