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The Council of the Eurasian Economic Commission (EEC) has approved general principles and approaches to ensuring food security in the Eurasian Economic Union (EAEU), the commission said.

The document confirms the intentions of the member states to ensure food security in the EAEU through their own production of agricultural products and food, realizing the potential of mutual trade, reducing import dependence on third countries for the agro-industrial complex.

For this, the Union countries will increase production efficiency, cooperate on issues of state support for agriculture, selection and seed production, livestock breeding. Also, in response to the emerging risks, the EAEU states will provide mutual operational food supplies. The five countries intend to pay attention to the development of modern technologies used in the food and processing industries, exchange of experience and best practices in the field of innovative achievements in the agro-industrial complex.

The Commission will conduct an annual monitoring of the provision of the Union states with agricultural products and food according to the agreed indicators and reflect the results in the information system of the EAEU.

Now the majority of threats to the national food security of the EAEU countries are counteracted on their own. This often leads to the fact that the measures taken by one of the countries of the Union do not take into account the possibilities of other states of the Eurasian “five”, Artak Kamalyan, a member of the Board (Minister) for Industry and Agroindustrial Complex of the EEC, explained to Rossiyskaya Gazeta.

Therefore, within the framework of the document approved by the EEC Council, key approaches to cooperation between countries on ensuring food security were identified, this direction was enshrined in the legal framework of the Union.

In addition, according to Kamalyan, indicators were agreed upon, according to which the agro-industrial block of the EEC will be able to carry out annual monitoring of the provision of the EAEU member states with their own products.

“I believe that the approved general principles and approaches to ensuring food security in the Union are an important step in the work on the formation of real mechanisms for stabilizing the food market, ensuring guaranteed mutual supplies, as well as eliminating existing barriers and restrictions on the common agricultural market of the Eurasian Economic Union. The implementation by countries of the provisions of the document will allow not only to increase the level of self-sufficiency, but also to minimize the risks of a shortage of food products in the EAEU, as well as to take concerted actions to ensure food security, “Artak Kamalyan said.

A source: Russian newspaper 

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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