Customs Union agribusinesses to unite

08:32, 27 July 2011

MOSCOW. July 27. KAZINFORM An agribusiness association will be created within the framework of the Customs Union of Belarus, Russia, and Kazakhstan. It will include representatives of all the industry unions and associations involved in agribusiness in the three countries. The decision was made at the foundation meeting of the Agribusiness Association of the Customs Union in Moscow on 26 July, BelTA has learned.

First Deputy Agriculture and Food Minister of Belarus Nadezhda Kotkovets, Russian Agriculture Minister Yelena Skrynnik, and Agriculture Vice Minister of Kazakhstan Saktash Khasenov took part in the meeting.

The first founding convention of the new association is supposed to take place at the beginning of October 2011. It has been decided that Russian Agriculture Minister Yelena Skrynnik will head the association's supervisory board.

The Agribusiness Association is supposed to harmonize agribusiness policies on the common market, to ensure food security and keep the domestic market stable. It will also take care of common interests on foreign markets. In turn, it will contribute to a larger mutual trade turnover, to the development of the export potential, the joint infrastructure of the agricultural food market, creation of conditions for larger mutual investments. It will help establish non-discriminatory conditions for the effective development of the agricultural industry in each country and free trade; Kazinform cites BelTA.

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