Alexey Overchuk: Armenia is unable to successfully redirect exports to other markets
The Deputy Chairman of the Government of the Russian Federation stated the need to protect the Russian market from low-quality products
Quick Look
Deputy Chairman of the Russian Government Alexei Overchuk said that Armenia was unable to fully redirect exports to other markets, emphasizing that Russia is forced to protect its market due to problems with quality control of supplied products.
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Why It Matters
Rosselkhoznadzor introduced restrictions on the import of regulated products from Armenia from June 12 due to quality claims.
Deputy Chairman of the Russian Government Alexey Overchuk doubts that partners from Armenia are managing to reorient themselves to other markets.
“Apparently not. Some small assistance, of course, was provided to them, but this cannot be compared with the large and familiar market that Russia is for them. And we, too, are accustomed to these products,” Overchuk said, answering the question in an interview with Pavel Zarubin for Vesti information system whether attempts to reorient Armenia to other markets were successful.
The Deputy Prime Minister emphasized that Russia is forced to protect its market.
“Today the situation is such that we are forced to protect our market. And we invite our Armenian partners to work together on this with us,” the Deputy Prime Minister said.
Since June 12, Rosselkhoznadzor has limited the import of all regulated products from Armenia, as well as their transit through Russia to the EAEU member states. As the head of Rosselkhoznadzor Sergei Dankvert explained, restrictions on the supply of Armenian agricultural products are related to the lack of effective quality control among producers, and not to politics. Local producers are already reporting large losses.
Open Questions
- What specific steps will Armenia take to lift restrictions?
- Will additional trade barriers be introduced?
