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Putin: Food boycott should last as long as possible

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Staff Writer | December 13, 2016
According to reports, Russian President Vladimir Putin wants to make the boycott last as long as possible.
Vladimir Putin
Food trade   The harvest of greenhouse vegetables has increased in Russia
He said that during a meeting of the All-Russia People’s Front at the end of last month. In response to a question from a businessman, Putin said: “I understand you and I can whisper in your ear that we will make the boycott last as long as possible.”

The Russin phytosanitary service has announced a boycott against re-export from Guinea-Bissau, Afghanistan and San Marino. The boycott will be implemented from 28 November.

The ban has been announced after transit from these countries increased significantly via Belarus. Direct export from these countries is the only export still allowed.

The ice between the old rivals Pakistan and Russia appears to be melting. The countries are consulting about the use of the deep sea port of Gwadar for the import and export of Russian goods.

Last week, the countries consulted about the plans. It was the first time in 18 years that the two countries entered into negotiations.

Mubadala, Abu Dhabi’s state investment fund, wants to invest 200 million dollar in the Russian food sector.

The Arabians have spotted part of the EFKO Group and AFG International, two large companies in the Russian food sector. In total, Abu Dhabi has an outstanding budget of two billion dollar via the Russian Direct Investment Fund.

The harvest of greenhouse vegetables has increased in Russia, according to the Ministry of Agriculture.

Based on regional institutes, the complete harvest amounted to 607,100 tonnes in Russia on 29 November. That is an increase of 31 percent compared with 2015, when that figure amounted to 462,400 tonnes.

The cucumber harvest was 23 percent higher with 409,400 tonnes (333,100 tonnes in 2015).

The tomato harvest was at 182,500 tonnes, 53 percent more than in 2015, when 119,400 tonnes were harvested. Additionally, 15,200 tonnes of other vegetables were harvested.