Israel Mulls Larger Agricultural Exports to Russia

© Fotolia / Aleksandar MijatovicIsrael is interested in increasing its exports of agricultural products to Russia, the Russian Ministry of Agriculture said on Monday.
Israel is interested in increasing its exports of agricultural products to Russia, the Russian Ministry of Agriculture said on Monday. - Sputnik International
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Israel is interested in increasing its exports of agricultural products to Russia, the Russian Ministry of Agriculture said on Monday.

MOSCOW (Sputnik) — The statement was made during a working meeting between Russian Deputy Minister of Agriculture Sergei Levin and Israeli Ambassador to Russia Zvi Heifetz.

"During the talks, the Israeli side expressed its readiness to expand the range of products supplied to Russia. For the purpose of detailed study of this issue, consultations between experts from Russia and Israel will take place in the near future," the ministry said after the meeting.

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Israel's key agricultural exports to Russia are fruit, vegetables and fruit juices. In turn, Russia sells raw materials, as well as agricultural products, like grains and cereals, to Israel.

The volume of bilateral trade between Russia and Israel has increased sufficiently in recent years — from $12 million in 1991 to $3.43 billion in 2014, according to the Russian Embassy in Israel.

In May, Russia increased its imports from Israel as the ruble began to stabilize.

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