3 Feb 2023 14:07

EAEU could boost agricultural output by over 20% in 2023 vs 2020 - Mishustin

ALMATY. Feb 3 (Interfax) - The countries of the Eurasian Economic Union (EAEU) could boost agricultural production by more than 20% in 2023 compared to 2020, Russian Prime Minister Mikhail Mishustin said on Friday following a meeting of the Eurasian Intergovernmental Council in Almaty.

"According to some estimates, the union is expected to boost agricultural production by more than 20% this year in dollar terms compared to 2020," Mishustin said.

Mishustin stressed that EAEU countries are currently fully meeting the internal need for goods. "We can and must actively develop the export mechanism, including as part of the Eurasian Agroexpress project," he said.

As reported, EAEU countries boosted agricultural output by 5.1% year-on-year to $154.8 billion in January-November 2022 at farms of all categories. Kazakhstan boosted output by 8.5%, Kyrgyzstan by 6.4%, Russia by 4.7%, Belarus by 3.5%, and Armenia by 0.5%.