Russia and Madagascar Ink Agricultural Pact as Bilateral Trade Surges 83%
Russia and Madagascar Ink Agricultural Pact as Bilateral Trade Surges 83%
Russian Agriculture Minister Oksana Lut and her Malagasy counterpart Gaëtan Ramindo have signed a Memorandum of Understanding to deepen bilateral agricultural ties, Russia's Agriculture Ministry said on social media.
Key highlights about the Russian-Malagasy agriculture, according to the ministry:
Booming Trade: Agro-industrial trade is up 83% this year. Russia primarily exports wheat, while Madagascar supplies cocoa, cloves, vanilla, cinnamon, and cinnamon blossoms.
Expanding Supplies: Moscow is ready to increase exports of grain, flour, fats and oils, and mineral fertilizers.
Tech & Science: Future cooperation will focus on artificial insemination, the supply of Russian breeding stock, and joint research in crop breeding and seed production.
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