MOSCOW TIME: 10.08.2020 21:07:30

Export/Import

Egypt is stepping up exports of agricultural products to Russia

Egypt is stepping up exports of agricultural products to Russia

Egypt significantly increased the export of agricultural products to Russia continues to increase shipments due to the continuing counter-sanctions, said RIA Novosti Deputy head of the Committee of the Egyptian Parliament on agriculture Hisham al-Husri.

Four years ago, on 6 August 2014 the President of Russia Vladimir Putin forbade import to Russia of certain agricultural products, raw materials and food from countries that have applied sanctions against Russia: US, EU States, Canada, Australia and Norway. A ban were meat, sausage, fish and seafood, vegetables, fruits, dairy products.

"We want to use the counter-sanctions that Russia imposed against European Union countries, as the Russian market is crucial for Egypt along with the Chinese," — said the Agency interlocutor.

The first of August, the Egyptian authorities have published data on the export of agricultural products for the period from September 2017 to may 2018, according to which Russia became the main buyer of Egyptian fruit and vegetables, ahead of Saudi Arabia and the EU. During this period, Egypt has put to Russia of agricultural products for the sum more than 307 million dollars.

At the same time, according to Egyptian Deputy, the supply of agricultural products to Russia by the end of 2018, could grow by 25% compared with 2017. "the Council on exports of agricultural products subject is engaged in the Russian market with the aim of increasing the supply. It is obvious that the demand for vegetables and fruits in Russia is growing," said al-Husri.

According to him, the Egyptian manufacturers have significantly increased the supply of grapes and tangerines, "by which competition in the Russian market is not as high as in the case of oranges imported to Russia from different countries."

The parliamentarian also said that during the upcoming session of the Egyptian deputies intend to discuss a number of laws aimed at increasing agricultural exports.


:

Egypt export agricultural products Russia

Share this:

Share this Share this Share this

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russias trade turnover with African states up 17% in 2018

Russias trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


16.09.2020 Mining and Metals Central Asia 2020

Mining and Metals Central Asia is a professional platform to demonstrate achievements of Kazakhstani and foreign manufacturers of equipment, services, and developments in the field...

16.09.2020 Kazcomak 2020

Kazakhstan International Road and Heavy construction, Communal machinery exhibition

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners