September 23, 2013

Russia to review decision on buffalo meat import from India

Russia was amenable to review the entry of import of buffalo meat and egg powder from India next month and has assured a satisfactory resolution of the issue.

The issue, discussed between Commerce and Industry Minister Anand Sharma and his Russian counterpart Denis Manturov in St Petersberg, is important as Russia is a large importer of bovine meat and India is one to the top exporters of the same.

Russia recently lifted a temporary ban on import of rice/rice cereals and peanuts that was placed after traces of khapra beetle was found in some rice and peanuts consignments.

While acknowledging India's efforts in opening up the economy further, the Russian Minister said it was important to maintain regulatory certainty and stability in policy regime.