Record breaking food production in Russia could see exports reaching $40 billion
Russia is strengthening its position in the global food market with the country's agriculture sector booming. This is largely due to government policy in response to sanctions, according to the Ministry of Agriculture.
“The policy of import substitution has proved its worth in a number of sectors. Talking about agricultural produce, we can say we are self-sufficient. We expect that export potential may double by 2025,” said Yevgeny Akhlashev, director of the ministry’s food and processing industry department, which expects exports to reach $40 billion.
