Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS


The Financial Times: Russia Experiences Agricultural Boom
April 27, 2017 10:38


(Source: http://www.htpp.ru)

Russia is experiencing an agricultural boom, and domestic market has a lot of opportunities for investors. This was written by The Financial Times newspaper on Wednesday, April 19. After many countries imposed sanctions in 2014 and Moscow responded by countermeasures, Russian people saw the opportunity for the development of their own companies.

Some Western analysts and economists doubted that anything would be achieved. But such optimism was justified in the agrarian sector, as the newspaper notes. In 2016 Russia became the largest supplier of grain on the world market. 34 million tons of the total of 119 million tons of grain has gone for export, as FT specifies.

In addition, due to the increased domestic production of pork and chicken, there is no more need to import these goods. In general, the products of the agro-industrial complex have become the country’s second main export article after oil and gas.

Thanks to the growing profits, farmers are investing in technologies and buy more fertilizers, so the Russian agricultural production will probably continue to develop in the future, as the newspaper believes.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Football: 2 Top Teams Launch Coach Reshuffles Weeks Before Season End Rouble's Volatility The Global Small and Medium Business Support Program will be Launched in Russia Feminism 2.0: a Tectonic Shift in Russian Business 32nd All-Russian "Ski-track Of Russia"









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Leo Tolstoy  Russian Metro  Krasnodar Territory  Mercedes-Benz Fashion Week Russia  Geliy Korzhev  Russian regions  Laboratory Animals  Evgeny Garanichev  Book Tickets for Concerts  Russian travel  Richard Wagner  Moscow  Russian wedding custom  taxation system   travel to Russia  Russian Animation  Astrakhan Region  Light Shows  Hans Feurer  Pussy Riot  elections in Russia  Russian tourism  Radisson SAS Slavyanskaya  Russian directors  Svetlana Zakharova  education  Moscow airports  Sports  Moscow attractions  Moscow-Petersburg highway  Exhibitions in Moscow  Filipp Malyavin  Joseph Stalin  Ostap Bender  Kizhi  Russian business  Russian Wrap Masters Cup   Treasures  Festivals in Moscow  Russian designers  Russian Cinema  Botanical Garden   environment  society  Winter Arts Festival   Amur Region  Izmailovo   Russian Literature  Faberge Eggs  St. Petersburg 


Travel Blogs
Top Traveling Sites