Russia failed the program of import substitution of products

Источник: runews24.ru
The National Rating Agency (NRA) presented a study, according to which Russia failed to meet the goals of the program of import substitution of products.

European suppliers, whose products were banned for import as part of counter-sanctions in 2014, were replaced by companies from other countries, which often re-deliver "proscribed" products from Europe to Russia.

The study says that out of all product categories, only meat imports were reduced by 65%, which is still 2.8 percentage points lower than the government's strategy. The reduction in the import of dairy products reached 20%, instead of the planned 30%. In addition, the import of vegetables and fruits was a failure point - it was possible to reduce it only by 27% of the 70.3% planned.

Read more at © DairyNews.ru   https://www.dairynews.ru/news/rossiya-provalila-programmu-importozameshcheniya-p.html

20.05.2022
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