Russia got a chance to sharply increase the supply of dairy products to China

Published Sep 6, 2022

Tridge summary

Russia has the potential to increase its dairy product exports to China, according to Artem Belov, the General Director of the National Union of Milk Producers. China, the world's largest market for dairy imports, presents a competitive opportunity for Russia, especially with major suppliers likely to reduce production. Russia can supply a wide range of dairy products to China, including traditional dairy products and milk powder, butter, whey, and Cheddar cheese. The opportunity was highlighted at the Eastern Economic Forum on September 5-8 on Russky Island in Vladivostok.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia, having all the possibilities for this, got a good chance to significantly increase the supply of its dairy products to China, General Director of the National Union of Milk Producers (Soyuzmoloko) Artem Belov told reporters on the sidelines of the Eastern Economic Forum. “In principle, we can be competitive in this market with those countries that currently supply products. An additional positive factor will be that the main players in this market are countries that are likely to reduce or, at least, they will not grow in production volumes, respectively, they will not grow in terms of their export opportunities," Belov said. "We need to take this chance, see the future, correctly orient the business both in terms of regulation and in terms of state support mechanisms," the head of the industry union added. He stressed that in recent years China has become the world's largest market in terms of imports, purchasing every fourth liter of dairy products from foreign markets ...
Source: Milknews

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