As if it were not enough that Vladimir Putin’s Russia makes a monkey out of the US “anti-ISIS” campaign in Syria by accomplishing more in six months to damage the terrorist advance in that country than the Pentagon managed, with its suspiciously ineffective campaign in fourteen months. Now Russia delivers a huge slap in the face to US agribusiness domination of global food trade by deciding to make Russia the world’s largest exporter of healthy, non-GMO, non-industrial food.
Ignored by western media, as are most positive developments in Russia, President Vladimir Putin made his annual Presidential Address to the Federal Assembly Address on December 3. In his remarks he announced the national goal for Russia to become food self-sufficient within four years–by 2020.
One of the least commented sectors of the Russian economy—especially by superficial western economists who imagine Russia is merely an oil and gas export-dependent country much like Saudi Arabia or Qatar—is the significant transformation underway in Russian agriculture. Today, less than a year and a half into the decision to ban exports of major EU agriculture imports as a retaliation to the silly EU sanctions on Russia, Russia’s domestic farm production is undergoing a remarkable rebirth, or, in some cases, birth. In dollar terms, Russian exports of agriculture products exceed in value that of weapons, and equal a third of gas export profits. That’s interesting in itself.
Posted on April 21, 2016 by Boulderdash