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The export of Russian halal products increased by 82% in value, reaching $380 million in 2024 amid extending relations with the Islamic countries.
“We have set major, ambitious goals, and trade with Islamic countries plays an important role in achieving them,” said First Deputy Agriculture Minister Elena Fastova at the International Economic Forum Russia – Islamic World: KazanForum. “Last year, Russia exported halal products worth $380 million—an 82% increase compared to 2023.”
Fastova identified Saudi Arabia, the UAE, and Iran as the primary consumers of Russian halal products. “We are also expanding exports to Algeria, Kuwait, Jordan, and Egypt,” she added.
The 16th International Economic Forum ‘Russia - Islamic World: KazanForum’ is taking place on May 13-18 in Kazan. The main theme for this year has been defined as ‘Digitalization: New Reality and Additional Opportunities for Expanding Cooperation’.
Head of the Agroexport federal center, Ilya Ilyushin, stated that Russia has "set ambitious targets for increasing food exports to Islamic countries." He added that the volume of Russian agricultural exports to the markets of the largest Islamic countries is expected to exceed $26 billion by 2030.
“Agricultural attachés are stationed in many Islamic countries—such as Algeria, Egypt, Indonesia, Iran, Malaysia, the UAE, Saudi Arabia, and Turkey—with representation in over 20 countries where the population is predominantly Muslim,” he noted.
To unlock the export potential of Russian halal products, Agroexport has developed a dedicated strategy for promoting them in the Middle Eastern and North African markets, he added.
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
Ukraine’s President Volodymyr Zelenskyy has approved new sanctions targeting Russian maritime operators, defence-linked companies and individuals connected to Moscow’s military and energy sectors, according to official decrees issued on Saturday.
The United States and Iran will hold a new round of nuclear negotiations in Geneva on Thursday as part of renewed diplomatic efforts to reach a potential agreement, Oman’s Foreign Minister Badr Albusaidi announced on Sunday.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
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