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Sergey Sidorsky at SPIEF-2018: "We’ve consolidated approaches to ensuring food security in the EAEU"

Sergey Sidorsky at SPIEF-2018: "We’ve consolidated approaches to ensuring food security in the EAEU"

"The Eurasian Economic Union is a global player on the world agro-food market. We have faced the task of achieving sustainable development of agricultural production in order to fully provide the population with food", - stressed Sergey Sidorsky, Member of the Board - Minister in charge of Industry and Agriculture of the Eurasian Economic Commission (EEC) at the panel session “Global Food Security: Who Will Feed the Growing Population of the Planet?” as part of the St. Petersburg International Economic Forum – 2018.
The EEC Minister stated that the Union uses common approaches to ensure a balanced development of the common market. The EAEU countries fully meet the domestic demand through their own production in grain, vegetables, potatoes, vegetable oils, eggs, sugar. In the short term, the Union will meet the needs of the population for almost all goods, including milk, poultry and pork.
The countries of the integration association have the potential to increase the volumes of competitive production and development of exports of high-tech products of the agricultural sector.
"The global prospects for agriculture are determined by the development of modern digital technologies and precision farming systems. At the same time, the Union is open for mutually beneficial trade and economic cooperation, attracting foreign investments and technologies to the agricultural sector", - the EEC Minister noted.
According to Sergey Sidorsky, in order to ensure food security, the five countries' common tasks include reducing the dependence on imports of breeding and genetic resources, developing production of feed, feed additives, complex fertilizers, plant protection products, and developing agricultural machinery.
The EEC has developed a set of incentive measures for each of the areas. For example, joint actions have been defined to develop seed farming and livestock breeding in the EAEU, measures have been developed to support agricultural machinery manufacturers, actions have been taken to create conditions for localization of modern technology and high-technology resources for agriculture in the Union.

"Joint actions of our countries, cooperation with foreign partners will allow us to implement the potential for increasing the volumes of competitive production and exports. Thus, we will make a significant contribution to ensuring global food security", - Sergey Sidorsky summed up.