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    Russia State Support of Agriculture Exports to Result in 27% Growth by 2020

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    State support of Russia's agricultural exports would allow the country to increase such exports by 27 percent before 2020, reaching a total volume of $21,5 billion, Russian Agriculture Minister Alexander Tkachev said Tuesday.

    MOSCOW (Sputnik) Earlier in the day, Tkachev participated in the Presidium meeting of the Presidential Council for Strategic Development and Priority Projects chaired by Russian Prime Minister Dmitry Medvedev. Within the framework of the meeting, the implementation of the "Agricultural exports" project was discussed.

    "I am sure that implementation of our priority project will allow to significantly expand such support and to increase the exports of agricultural products by 27 percent up to $21,5 billion," Tkachev told reporters.

    The minister added that under the adopted plan of state support of agricultural exports, the exporters would receive support within the framework of a number of programs.

    According to the Russian official, such programs would include provision of loans, insurance and compensation of transport and logistic costs for the exporters.

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    Tags:
    exports, agriculture, Alexander Tkachev, Russia
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