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EEC Minister Sergey Sidorskiy: "Import substitution and the production of competitive products are among the key objectives in the sphere of the AIC"

EEC Minister Sergey Sidorskiy: "Import substitution and the production of competitive products are among the key objectives in the sphere of the AIC"

4/1/2016

On March 31, Moscow hosted a joint session of the boards of the Ministry of Agriculture of the Russian Federation and the Ministry of Agriculture and Food of the Republic of Belarus. The session was attended by the Member of the Board – Minister in charge of Industry and Agriculture of the Eurasian Economic Commission Sergey Sidorskiy and State Secretary of the Union State Grigory Rapota. Members of the Joint Board considered the results of the work and the development of cooperation between Belarus and Russia in the field of the agroindustrial complex in 2015 and discussed issues of further cooperation in the sphere of the AIC (Agroindustrial Complex).

Speaking at the session, the EEC Minister noted the substantial contribution by Belarus and Russia to the development of the EAEU agroindustrial complex. Sergey Sidorskiy said:"I consider this a good example for intensifying interaction between the countries in terms of the increased sustainability and competitiveness of agricultural production. That is the aim of the agreed agroindustrial policy implemented by the countries of the Eurasian Union“.

Members of the Joint Board were informed on the Commission's work aimed at the shaping of a forecast of the development of the agroindustrial complex in the EAEU Member States, as well as supply and demand forecasts by the main types of agricultural products and goods. They were also informed on the establishment of single markets of seeds and breeding production, technological platforms in the areas of biotechnology, food and processing industries, as well as preparation of proposals for deepening integration interaction in the field of aquaculture and land reclamation.

With regard to the complementarity of integration processes on the Eurasian space, the EEC Minister proposed making better use of the know-how of the Commission. Sergey Sidorskiy noted:"Forming supply and demand forecasts of the EAEU Member States by the main types of agricultural products and goods enables us to optimise the levels of production and consumption of competitive products on the domestic market of the Union. It is important that this forecasting tool allows us not only to deepen integration processes, evaluate the export opportunities of the Member States and the status of food self-sufficiency, but also to define the niches for import substitution and launch real import substitution programs.

For reference

The joint sessions of the boards of the Ministry of Agriculture of the Russian Federation and the Ministry of Agriculture and Food of the Republic of Belarus are held annually on a regular basis.