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Sergei Sidorsky

The EAEU's coordinated agricultural policy will prioritize value added projects

Opinions 05.12.2017 | 09:23
Sergei Sidorsky Sergei Sidorsky Member of the Board (Minister) for Industry and Agribusiness of the Eurasian Economic Commission

The priorities of the coordinated agro-industrial policy in the Eurasian Economic Union (EAEU) for the forthcoming four-year period will include the implementation of joint initiatives to secure further strengthening of integration processes and the implementation of innovative technologies, Member of the Board (Minister) for Industry and Agribusiness of the Eurasian Economic Commission (EEC) Sergei Sidorsky said at the panel discussion of strategic areas to develop and strengthen integration and cooperation in agro-industry of the EAEU member states, BelTA learned from the EEC press service.

According to Sergei Sidorsky, among the most promising areas are value added projects in dairy and beef farming, poultry, horticulture, sugar, oil and fat, and other areas.

“The strategic area for industrial integration and a mandatory condition for efficient performance in the EAEU member states is the use of scientific and technical achievements as part of the formation of effective models of interaction on sensitive agricultural products that lead to a reduction in dependence on imports and secure access to foreign markets,” the EEC minister stressed. The main areas of production cooperation between the member states can be the manufacture of pedigree and seed products and protein-containing fodder, joint development and implementation of innovative technologies for the deep processing of agricultural raw materials. The union also actively discuss the possibility of implementing joint programs for sugar beet and oilseeds selection and seed production.

The participants of the panel discussion put forward an initiative for joint steps in the development of agricultural and food exports, including the coordination of supplies to foreign markets, export lending and insurance, measures to develop commodity distribution and export infrastructure.

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