More Vietnamese businesses may soon be allowed to export aquatic products to Russia this year after a Russian working group made a fact-finding tour of some Vietnamese exporters, said Trade Counsellor of Vietnam in Russia Duong Hoang Minh.


A tra fish processing factory (Photo: VNA)

Minh said Vietnam’s trade office in Russia had earlier held a working session with local agencies.

The move was made after Vietnam was given a "yellow card” warning by the European Commission in September 2017 for failing to progress in fighting illegal fishing, which could lead to a drop in aquatic exports to the EU and other markets.

The counsellor said exports to Russia have encountered difficulties recently since this country and the Eurasian Economic Union (EAEU), of which it is a member, limited aquatic product imports and only allowed 21 Vietnamese companies to ship products to Russia.

However, there are more than 500 Vietnamese businesses eligible to export to the EU and other demanding markets at present. Therefore, the trade office of Vietnam has worked with the Ministry of Agriculture and Rural Development to persuade Russian agencies to lift barriers to Vietnamese aquatic products.

It also invited relevant agencies of Russia and the EAEU to make fact-finding tours to Vietnam in an effort to have more companies be allowed ship aquatic products to these markets, Minh added.

In 2017, Vietnam exported 2.2 billion USD worth of goods to Russia, up 35 percent year on year. Commodities with high export growth included vegetables, fruits, cashew nuts, textiles-garments, wood products, machinery and spare parts.

The counsellor said the Vietnamese trade office in Russia will now focus on helping businesses boost shipments and capitalise on the Vietnam-EAEU Free Trade Agreement.

It will also continue working to understand regulations and commitments in the World Trade Organisation and free trade agreements, as well as possible trade barriers.

 

                            Source: VNA

Related Topics


Hoa Binh ensures stable power supply for local production

The Hoa Binh Power Corporation (PC Hoa Binh) has directed its units to build plans as well as arrange resources to ensure stable electricity for local winter-spring crop production.

Exporting 40 tons of Bat Bao lotus porridge to Japan

On February 28, the Department of Agriculture and Rural Development of Hoa Binh province coordinated with Minh Trung Vietnam Group joint Stock Company, Hoa Binh branch in Luong Son industrial park, Luong Son district organized a ceremony to export Bat Bao lotus porridge to the Japanese.

Exporting 20 tons of Kim Boi bamboo shoots to the Dutch market

On February 29, the Department of Agriculture and Rural Development of Hoa Binh province and Kim Boi joint Stock Company (Ba Hang Doi town, Lac Thuy district) organized a ceremony to export bamboo shoots to the European market. 

Honey beekeeping thrives in Van Nghia

In recent years, beekeeping in Van Nghia commune, Lac Son district, has seen significant economic growth, yielding high returns. The honey produced here, rated with a 3-star of the One Commune One Product (OCOP) programme for its high quality, has established a reputable presence in the market and become the primary source of income for many families in the area.

Improving the quality of forest planting

In recent years, all of the levels, sectors and localities in the province have participated fiercely and effectively in implementing the Party’s and State's policies on afforestation. The agricultural sector has been actively urging and regularly inspecting the correct implementation of the afforestation plans and the silvicultural technical solutions to ensure that the forests grow well.

Yen Thuy district strives to ensure sustainable pomelo export

Representatives from Hoa Binh province’s Sub-Department of Cultivation and Plant Protection on February 22 held a working session with the Bureau of Agriculture and Rural Development of Yen Thuy district, and Dai Dong Agricultural Cooperative in Ngoc Luong commune.