The government of the Russian Federation risks harming the pig industry - version

Measures by the Russian authorities aimed at curbing the rise in prices for pork and beef may turn into a conflict between Russian producers and foreign suppliers of these products. This was stated by the professor of the basic department of trade policy of the Russian University of Economics. G.V. Plekhanov Ibragim Ramazanov. So he commented on the information that the Ministry of Agriculture of the Russian Federation proposed to cancel the duty on MEAT imports.

“The measures proposed by the Ministry of Agriculture can be considered one of the methods for stabilizing prices in the short term. However, in the long run, they may lead to a conflict of interests between Russian manufacturers and foreign suppliers of these products,” Ramazanov said. - Zeroing import duties for a long period, especially for pork, for the production of which RUSSIA has enough domestic resources, could lead to a drop in the efficiency of this industry. Most likely, the government of the Russian Federation will treat such a proposal with great caution.

In addition, as Ramazanov explained, at present, when the shortage and high energy prices have significantly increased the cost of agricultural products around the world, including meat, it is very difficult to compensate for the shortage of these products only through low import duties.