News
26.02.2009
Russian agro industrial complex in the deep crisis of overproduction
The Agro industrial complex of Russia faces a deep crisis of overproduction. Only the policy of the state oriented to exports and growth of liquidity of agrarian business could help to overcome the crisis, declared Arcadiy Zlochevskiy, the president of the Russian Grain Union.
According to A.Zlochevskiy, the government still did not change any instrument for export support. As a result, dumping became the main Russian instrument on the world food market, which affects the industry, noticed he.
The growth of liquidity of agrarian business should be provided at the expense of the growth of prices and scales of purchasing grain interventions, transference of unprofitable grains from the Black Sea region to consumer regions, stimulation of consumer demand, development of the existing infrastructure, added A.Zlochevskiy.
