In­dia may be­come ma­jor food ex­porter to Rus­sia

Rus­sia has put one year ban on sourc­ing agri­cul­tural prod­ucts from EU and US, giv­ing In­dia a chance to tap the mar­ket.

Cargo Talk - - International - CT BUREAU

In­dia is likely to reap eco­nomic ben­e­fits from the soured re­la­tion­ship be­tween Rus­sia and Western coun­tries.

At present, the Com­merce Min­istry is en­gaged in dis­cus­sions with the Rus­sian gov­ern­ment for ex­port of agri­cul­tural prod­ucts, in­clud­ing fruit, vegetables, beef and dairy items.

"There is a huge op­por­tu­nity for us to ex­port farm pro­duce to Rus­sia. We have started talks with the Rus­sian gov­ern­ment as we are in a po­si­tion to ex­port a good part of their re­quire­ments," said a Com­merce Min­istry of­fi­cial.

It may be re­called that Rus­sia had im­posed a one-year ban on im­ports of food items from the US, the EU, Canada, Norway and Aus­tralia in re­sponse to sanc­tions over the cri­sis in Ukraine. The items banned in­clude beef, pork, poul­try, fish, fruit, vegetables, cheese, milk and other dairy prod­ucts.

In­dia ac­counts for less than one per cent of Rus­sia’s to­tal im­ports and has been eye­ing its agri­cul­ture mar­ket for a long time.

Qual­ity cer­ti­fi­ca­tion is­sues are the ma­jor hin­drance In­dian food ex­porters have been fac­ing in the Rus­sian mar­ket. But, with the Rus­sian Gov­ern­ment ea­ger to ex­plore al­ter­na­tive mar­kets, it might not re­main a stum­bling block.

“We are talk­ing to Rus­sia’s Fed­eral Ser­vice for Vet­eri­nary and Phy­tosan­i­tary Surveil­lance for quick in­spec­tion of our fa­cil­i­ties so that we can start ex­port­ing meat and egg prod­ucts,” the of­fi­cial said.

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