Ministry of Agriculture of the Russian Federation
The Ministry of Agriculture of the Russian Federation, located in Moscow, is a key governmental body responsible for overseeing the agricultural landscape of the nation, with a significant focus on the dairy sector. This Ministry is instrumental in crafting and implementing policies that aim to foster growth and sustainability across Russia's agricultural domain.
Role in the Dairy Industry
The Ministry's role in the dairy industry is characterized by the implementation of national strategies designed to stimulate growth. Recent reports have shown an increase in production across nearly all major dairy product categories, marking a positive trend for the Russian dairy sector. The Ministry supports these advancements through subsidies, grants, and regulatory reforms that enhance production capacity and efficiency.
Key Financial Indicators
While the Ministry's specific financial figures are not publicly disclosed, its influence is substantial in the economic metrics of the agricultural industry. The Russian dairy industry is valued at approximately $18 billion, with the Ministry's efforts contributing significantly to expanding production volumes and improving operational efficiencies.
Significant Events
One of the notable initiatives by the Ministry includes the focus on modernization and technological integration within farming practices. These initiatives have bolstered production capabilities and contributed to an upward trajectory in both production and product diversity in the dairy industry. Additionally, the Ministry has proposed changes to the taxation of food products, notably a draft government resolution to increase the VAT on dairy products with milk fat substitutes to 20%.
Future Plans
Looking ahead, the Ministry of Agriculture plans to continue supporting advancements in the dairy sector by fostering innovation and sustainable practices. Key objectives for the future include increasing self-sufficiency in dairy production, enhancing quality standards, and expanding export opportunities for Russian dairy products. By the end of 2025, the Ministry aims to increase the export of Russian dairy products by nearly 14%, reflecting the growing competitiveness of the industry in international markets.
Modified: 2026/02/25