MOSCOW TIME: 16.04.2024 23:06:23
Russia is looking to solidify its position on the global agriculture export market after the government announced that it is extending the term of the zero rate on wheat exports until July 1, 2021.
According to a decree posted on the official government website: “The decision will facilitate the export of produce of the agro-industrial sector.”
The zero wheat export duty, introduced in Russia three years ago, was valid until July 1, 2018 with a subsequent extension until July 1, 2019.
In 2016, Russia became the world leader in wheat exports. The country’s share of the global wheat market has quadrupled since the early 2000s.
Overall, Russian agricultural production surged by 20 percent over the past five years. According to Patrushev, Russia will soon become one of the world’s 10 leading exporters of agricultural products.
Source: RT
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...
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.
Russia’s 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...
Higher education can be a profitable export business, provided the system is built correctly and qua...
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
