Value of Trade between India, Russia to Treble

RUSSIA – Bilateral goods trade with Russia and India will increase from $10 billion to $30 billion by 2025, talks between Russian and Indian trade delegations have revealed.
calendar icon 5 August 2015
clock icon 1 minute read

Buffalo meat and dairy product activity is expected to partly drive the increase, said Russian animal and plant surveillance body Rosselkhoznadzor.

At a meeting on the Agreement of Free Trade between India and the Eurasian Economic Union, Indian parties noted difficulty to comply with Russian raw milk requirements. Rosselkhoznadzor said rules dictate herds are at least 1,000 head, of which there are currently two in India.

The regulation stands to guard against infectious diseases like foot and mouth disease, brucellosis and tuberculosis, risks Russian officials say are “much easier to control” on big farms.

Rosselhhoznadzor said animal traceability, such as tagging animals, was a “key element” of food safety.

Further talks are planned for September this year with a meeting on scientific, technical and cultural cooperation planned for October.

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