Indian companies are ready to start exporting meat and dairy products to Russia by mid-2015 if they get the approval of the Russian veterinary body Rosselkhoznadzor.
Ajay Sahai, director General of the Federation of Indian Export Organisations (FIEO), expressed confidence that the Indian companies would be granted permission to supply buffalo meat to Russia.
FIEO expressed discontent about failure to sign contracts on the shipments of buffalo meat to the Russian market despite the fact that the Russian veterinary body had in fact permitted imports of this product from four Indian companies in the end of 2014.
Rosselkhoznadzor’s officials confirmed having inspected six other Indian meat companies in late 2014. According to preliminary information, Russian veterinarians are believed to have found no faults with quality of the products and safety of the production process.
In the current economic conditions, launching Indian meat supplies to Russia is a mutually profitable step, a source at the Russian Industry and Trade Ministry opined.
The Russian ban on the imports of US and EU products creates the risk of a deficit in certain meat product categories, and Indian meat shipments could fill in that niche. As to Indian exporters, this is a chance to explore a new market holding high prospects for the future.
According to Russian agricultural analyst Eugene Gerden, at the moment the prospect of supplying Indian buffalo meat to Russia looks more feasible than it did in 2014. When Narendra Modi became Prime Minister of India, the members of his government voiced opinions against arranging buffalo meat exports to Russia due to religious reasons, but currently the authorities seem inclined to develop this sphere of cooperation with Russia.
Based on materials from GlobalMeatNews.com.
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