New Agribusiness Association Forming

In important news in the agribusiness industry, a new agribusiness association is being created by the Customs Union of Belarus, Russia and Kazakhstan. This new association will include representatives of each of the industry unions and associations that is involved in agribusiness for each of these three countries.

An agreement was reached to create this association during the foundation meeting of the Agribusiness Association of the Customs Unions in Moscow when they met on July 26th, 2011. In attendance at that meeting were: First Deputy Agriculture and Food Minister of Belarus Nadezhda Kotkovets, Russian Agriculture Minister Yelena Skrynnik, and Agriculture Vice Minister of Kazakhstan Saktash Khasenov.

The present goal is for the first founding convention of this new association to take place in October of 2011.  The supervisory board will be led by Russian Agriculture Minister Yelena Shrynnik.

The goals of the new Agribusiness Association are many.  They plan to harmonize agribusiness policies on the common market while ensuring food security and working to keep stability in the domestic market.

In addition, the Association hopes to develop the export potential for all three countries, create joint infrastructure of the agricultural food market, and create better conditions for mutual investments.

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