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22 February, Saturday

Ufa   °

Bashkiria intends to increase agricultural products export by quarter

Economy/Business

UFA, 24 January 2020. /Bashinform News Agency, Galina Bakhshieva/ translated by Tatiana Aksyutina/.

Bashkortostan plans to increase the export of agriculture by a quarter compared to 2019 and reach the level of 115 million dollars, said the Deputy Prime Minister of the Republican Government Ilshat Fazrakhmanov.

As Bashinform News Agency reported, Bashkiria exceeded the annual plan for the export of agricultural products of the agro-industrial complex. The target indicator for 2019 was $ 91 million.

Meanwhile, according to the Federal Customs Service, the republic has exported agricultural products for $ 92.5 million by December 1.

It is expected that this year the processed products will make the main share of exports. First of all, it relates to oil and fat, dairy and meat products, including semi-finished products and ready-to-eat foods, halal foods.

Currently, a set of measures is being implemented in Bashkiria to develop exports, which includes preferential lending to export-oriented agricultural enterprises, subsidizing part of the cost of transporting products.

Starting this year, the republic plans to expand the list of state support measures for exporters. It, in particular, includes the allocation of subsidies from the regional budget to reimburse residents-producers of non-primary non-energy products a part of the costs for product certification.

According to Ilshat Fazrakhmanov, citing internal statistics taking into account direct and agency agreements of republican suppliers, the volume of product exports for the first 11 months of last year reached $ 155 million.

The lion's share in the structure of exports accounted for products of the oil and fat industry — 44.4%. Other agricultural products (oilseeds, alcohols) made 22.4%, cereals — 13.2%, food products — 17.2%, dairy and meat products — 2.6%.

Bashkiria agricultural products are now supplied to the CIS countries, the Baltic states, as well as Turkey, Iran, Mongolia, China, Vietnam, and the EU countries.

Galina Bakhshieva
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