In response to the idiotic sanctions on Russia for USA destabilizing the Ukraine, the Russians seem to be going for an "import substitution" program. If the import supply is going to be iffy anyway, just curtail it overall and watch domestic provisions grow.
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Reports all showed a sharp decrease in farm and seafood produce to Russia in recent years. Prior to 2009, the products accounted for 50-60 percent of Vietnam’s exports to Russia but the proportion has dropped to 10 percent.Vietnam has no beef with Russia, but Russia is being tight with Vietnam. Is Russia allowing prices ot rise inside Russia in order to see domestic production called forth by the price signal? Will BigFarm find that its heavily subsidized exports to Russia never returns, when Russians find domestic is superior? Expect in a decade to see Russia's domestic production start to become exported as the domestic production improves.
Nguyen Binh Giang, a senior official of the Import & Export Department of the Ministry of Industry and Trade (MOIT), noted that in many cases, Russia’s standards were even higher than that of European countries.
“The requirements on food hygiene and product quarantine set by Russia on Vietnamese farm produce are very strict,” Giang said.
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2 comments:
America is getting even more idiotic:
http://russia-insider.com/en/politics_ukraine/2014/09/26/06-54-29pm/ukrainian_neo-nazi_commander_us_training_and_funding_us
Proof that Russia and Iran Want War: Look How Close They Put Their Countries To Our Military Bases!
http://www.washingtonsblog.com/2015/03/proof-russia-iran-want-war-look-close-put-countries-military-bases.html#disqus_thread
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