24 april 2013

Arkady Dvorkovich chairs a meeting of the Government Commission on Monitoring and Rapid Response to Changes in Food Markets


The meeting participants discussed the current situation on the consumer goods market, the grain and derived products market, and the market of meat, milk and dairy products.

Other issues that were discussed included the import and export dynamics of sensitive items in the context of Russia's adaptation to the WTO requirements.

A decision was made to continue monitoring the situation on the markets.

The commission adopted the decision to decrease the weekly volume of grain put up for sale from 130,000 tonnes to 90,000 tonnes. Such state interventions allowed prices on the grain market to stabilise. Since the start of state commodity interventions, the exchange transaction volume has totalled 2,937,000 tonnes as of April 23, 2013.