Russian agriculture sector booming despite or thanks to intl. sanctions

Russian agriculture sector
(© Flickr Creative Commons U.S. Department of Agriculture)

There’s a world of opportunities for investors in Russia’s agriculture commodities market with farming in the country flourishing under international sanctions.

Following the Western penalties imposed on Russian companies in 2014 and subsequent countersanctions introduced by Moscow in response, some local officials took the opportunity to boost the development of domestic production. Many Russian enterprises managed to encourage import substitution and made exports more competitive.

Source: Russian agriculture sector booming despite or thanks to intl sanctions — RT Business

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