Russia, Argentina sign agriculture, fishing cooperation program for 2015-2016

Russia and Argentina have signed a program of cooperation in agriculture, fishing and aquaculture for 2015-2016.

Russia and Argentina have signed a program of cooperation in agriculture, fishing and aquaculture for 2015-2016.

The document was signed by Federal Veterinary and Phyto-Sanitary Oversight Service head Sergei Dankvert and Argentine Agriculture Minister Carlos Casamiquela.

Argentina became one of Russia's largest trade partners in Latin America last year, and food exports from Argentina to Russia now exceed $1 billion.

Dankvert said that the Russian food market is going through a major transformation due to sanctions and countersanctions, the Russian watchdog reported. During this time, friendly nations, including Argentina, did not support the sanctions policy and increased food exports to the Russian market, he said.

Argentina exported 50 percent more beef and frozen fish to Russia in 2014, tripled exports of cheese and increased exports of shellfish by 150 percent. It also increased exports of butter, and beef and horsemeat subproducts by 10-15 percent.

Dankvert said the stage is being set for relations between Russia and Argentina to move to a fundamentally new, higher level for further development of cooperation in all areas, including agribusiness and fishing.

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page