Last updateMon, 23 May 2016 12am

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Last week, Deputy Minister of Agriculture of Russia Sergey Levin conducted a working meeting with his respective colleague of the Philippines, Dennis Guerrero, to discuss the establishment and the possibility of increasing Russian-Phillipino cooperation in the agricultural industry. In part, the discussions touched on the development of trade, providing access to agricultural products to both markets as well as a technological partnership in the field of pest control.

Russia's Ministry of Agriculture (Minselkhoz) announced that it is prepared to provide subsidies to regions in order to help finance the modernization of complexes devoted to the production of agricultural products as well as locating equipment to improve the industry operations. The total amount of subsidies to amount to 8,954.57 million rubles (approximately US $13.3 million).

Alexander Tkachev, head of Russia's Ministry of Agriclture (Minselkhoz), said that exporters of the United Arab Emirates that offer quality fruit and vegetable products are welcome to try to replace Russian-sanctioned Turkish products.

According to Russia's Ministry of Agriculture, as of March 6, 2016 (from January 1 to March 6), the volume of imported agricultural products from Morocco to Russia increased by 43.9% to US $126.6 million. Of this amount, tomatoes grew by nearly three times as much to 44 thousand tonnes, while the supply volume of other vegetables grew by nearly twice as much - up to about 2 thousand tonnes.

The end-year yield of various types of vegetables harvested in 2015, according to Russia's Ministry of Agriculture (Minselkhoz), was 16.1 million tonnes, 12.3 percent higher than the yield results of 2014 when the total yield amounted to 15.5 million tonnes.

During the “Gaidar Forum 2016”, deputy minister of Russia's Ministry of Agriculture (Minselkhoz) Sergey Levin said that the government is working in the interest of Russian producers and consumers in developing the list of prohibited Ukrainian and Turkish import items.

Russian exporters are not expected to suffer huge loses as a result Ukraine's ban on Russian goods that took effect on January 10, according to Russia's Ministry of Agriculture (Minselkhoz).

First Deputy Minister of Agriculture Evgeny Gromyko stated that Russia's Ministry of Agriculture (Minselkhoz) does not intend to expand sanctions already set against Turkey.

Despite reports and announcements made by specialists and mass media regarding anticipated price increases on vegetables and fruits following sanctions against Turkish food products, Russia's head of the Ministry of Agriculture, Alexander Tkachev, is confident that the newest challenge will not lead to a spike in food costs.

According to Russia's Ministry of Agriculture and confirmed by Deputy Agriculture Minister Sergey Levin, in 2015 the share of domestically produced products of the total market reached 87 percent. The result is higher than the 2010 Doctrine of the country's food security index which was stated at 85 percent.

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