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Russia’s agricultural growth will curb rising domestic food prices – Putin | Russia’s agricultural growth will curb rising domestic food prices – Putin |
(about 2 months later) | |
Russian President Vladimir Putin says this year’s harvest will help to lower food prices in the country. He explained that prices have risen due to a shortage of domestic produce and high dependence on imports. | Russian President Vladimir Putin says this year’s harvest will help to lower food prices in the country. He explained that prices have risen due to a shortage of domestic produce and high dependence on imports. |
“We are expecting the new vegetable harvest to have an impact on prices,” Putin said on Wednesday during the annual presidential direct-line event. | “We are expecting the new vegetable harvest to have an impact on prices,” Putin said on Wednesday during the annual presidential direct-line event. |
He said that Russian farmers produced over 19 million tons of potatoes in 2020, while the potato crop is expected to exceed 22 million tons this year. | He said that Russian farmers produced over 19 million tons of potatoes in 2020, while the potato crop is expected to exceed 22 million tons this year. |
Putin stated that increasing production of fruit and vegetables is a high-priority task for the country’s agricultural sector. | Putin stated that increasing production of fruit and vegetables is a high-priority task for the country’s agricultural sector. |
“We are not producing enough fruit and vegetables to meet domestic consumption,” he said. | “We are not producing enough fruit and vegetables to meet domestic consumption,” he said. |
At the same time, he pointed out that Russian farmers are producing “more than enough” meat and poultry, allowing for more exports. Russian agricultural exports reached a record high of $30 billion in 2020. | At the same time, he pointed out that Russian farmers are producing “more than enough” meat and poultry, allowing for more exports. Russian agricultural exports reached a record high of $30 billion in 2020. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |