Minister says Russia can double food exports to $45 bln by 2024 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Minister says Russia can double food exports to $45 bln by 2024

GORKI, Moscow Region, Apr 25 (PRIME) -- The Russian agricultural exports will reach U.S. $45 billion by 2024, Agriculture Minister Alexander Tkachyov said at a meeting of a presidential council on Wednesday.

УFirstly, we forecast exports at about $45 billion by 2024. As you see, that this is virtually more than twice as much as this year. Sure, we have ambitious plans. And we plan to sell not only the traditional grain,Ф Tkachyov said.

He also said that Russia will be able to replace agricultural imports from the U.S. if it restricts them with countersanctions.

УLetТs see. In principle, I support these initiatives. Can we replace these products? Sure, we can,Ф Tkachyov said, adding that the U.S. imports amount to about $300 million and account for about 2% of all RussiaТs imports.

On April 6, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies. A bill on countersanctions against the U.S. was submitted to the State Duma, parliamentТs lower chamber, on April 13.


25.04.2018 14:58
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov