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Russia's Deputy Prime Minister, Arkady Dvorkovich, was quoted last week as saying that the country's Cabinet of Ministers had approved a decision to ban the cultivation and production of products with genetically modified organisms (GMO) in Russia.

During the International Economic Forum in St. Petersburg, the Deputy Prime Minister Arkady Dvorkovich stated that Russia will be turning its back on genetically modified organisms (GMO) in agriculture. He added that almost all international discussions on agriculture imply that GMOs are used in about 90 percent of agricultural innovative methods today.

Despite the consistent growth in demand for the organic foods in recent years, the economic crisis could disrupt this trend.

US agricultural company Monsanto, credited with being the founder of the genetically modified organism (GMO) industry, is in the early stages of planning a project for the Russian market.

During a meeting of the Board at the Chairman of the Council of Federation on Agriculture and Nature, the Head of Rospotrebnadzor Anna Popova said that Russia's import restrictions are affecting the genetically modified organisms' (GMOs) industry in the country.

A state registration for genetically modified organisms (GMOs), initially planned to begin July 1, 2014, has been postponed for three years, according to earlier media reports.

Prime Minister of the Russian Federation Dmitri Medvedev recently announced that Russia has no intention of either producing or importing genetically modified organisms (GMOs).

Commentary on "Global Demand for Organic Products Will Rise By 16 Percent Every Year".

Based on our research and field surveys, interest in organic products in Russia is clearly growing. Particularly active in this regard are the members of the middle class and people with higher education.

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