Russia and Agricultural Products

agricultural products: People in these countries need green agricultural products, clear water and other goods that Russia can provide, the minister said, adding that the Far East region is ready to respond to those needs, according to Xinhua China. The demand from Asia-Pacific countries would give the region the opportunity to develop the production of export goods, he said. Noting that the domestic market in the Far East is small because the district is an enormous but sparsely populated territory, the minister said that its natural and human resources could only be developed in close cooperation with the region neighbors, particularly with China. "It is natural that the region has been oriented towards the export to Asia-Pacific countries: China, Japan, South Korea and Singapore," Galushka said. Galushka added that cooperation with China will give a green light to the creation of transport corridors connecting Russian and Chinese cities and ports. This is a direct response to the alignment of the Russia-led Eurasian Economic Union framework with the China-proposed Silk Road Economic Belt, which was agreed upon between Putin and Chinese President Xi Jinping during Xi visit to Moscow in May, Galushka said. "This is beneficial for Russia Far East, so we welcome such cooperation," Galushka said, adding that the Russia-China cooperation agenda is very broad and promising. In July, Russian President Vladimir Putin signed a law to give Vladivostok and 15 other maritime administrative districts the "free port" status. "That would dramatically cut the logistical cost for companies in northeast China, thus speeding up their growth," Galushka said. (news.financializer.com). As reported in the news.