Economy & Politics

Импорт Продуктов Питания и Напитков в КНР: Тенденции и Лицензирование.

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Edited by Maria Kotova
Translated by Veronika Petruleva

fish-meatНесомненно растущий потенциал рынка Китая привлекает все больше иностранных инвестиций, особенно в пищевую промышленность (Food & Beverage Industry). Достаточно взглянуть на статистику чтобы понять, что КНР – крупнейший потребитель импортной пищевой продукции. Около 71% респондентов среди китайского населения в 2015 году посчитало безопасность питания приоритетным вопросом для нации, полагая, что импортная продукция более качественная, чем произведённая в стране. Рост доходов населения также дает основу полагать, что у китайцев есть средства на приобретение иностранных продуктов, а недавние законодательные нововведения расширяют возможности для более простого выхода на локальный рынок Поднебесной.

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Russia Cuts Admin Requirement for Local Government Business Inspections by 70%

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russia-docsThe Kremlin has issued a decree that local government inspections of businesses in Russia should be decreased by 70 percent following complaints from entrepreneurs that local government administration checks were making their businesses inefficient.

The order reads: “The government of the Russian Federation jointly with the General Prosecutor of the Russian Federation: To ensure the inclusion in the legislation of the Russian Federation changes providing for the limiting the number of unscheduled inspections carried out by each authority control (supervision) in respect of legal entities and individual entrepreneurs annually (no more than 30 percent of the number of planned inspections envisaged by the annual plan of scheduled inspections of each body of control (supervision).”

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Eurasian Diamond Trading Centre Opens in Vladivostok

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russian-diamondsRussia’s Eurasian Diamond Centre (EDC) has established a facility in the Vladivostok Free Trade Zone to create a diamond infrastructure cluster in the Russian Far East that will unite the companies of the industry and will focus on export-import operations with the countries of the Asia-Pacific region, the Ministry for the Development of the Russian Far East said on Thursday. The EDC is part of ARLOSA, a group of Russian diamond mining companies and a world leader in the diamond mining industry, holding the world’s largest diamond reserves in Yakutia.

The Eurasian Diamond Centre opens up opportunities for companies in the rough and polished diamond industry, and also for retailers and jewelry manufacturers, including the luxury segment, cultural values and antiques markets participants. The unique platform allows developing and implementation of new manufacturing technologies, holding of exhibitions and regular auctions of precious gems and opening of new market channels.

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Developing Your Own Russian Rail Hub for Your Russian Manufacturing Plant

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mitsubishi-trainAn undeniable fact when looking at EU-China rail services is that goods need to be transported via Russia. This is not always the easiest of situations, and especially so for EU based businesses. The sanctions have slowed down much needed EU-Russian infrastructure development and integration and customs clearance, while occasional petty theft or bribery can also be a problem.

However, there is no reason to miss a Russian transit once one understands the longer term issues and how to deal with them. Concerning logistics, this business is currently heavily politicized in Russia. Due to the on-going EU sanctions, Russia’s policy is that no railway company will be given railway development plans for or to be directed to or from the EU by rail. That means that the services and capacity provided in Russia is frozen in time at 2014, a period during which China overland freight has begun to develop.

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Eurasian Economic Union Agrees to US$2 Billion Free Trade Deal With Iran

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iran-flag-with-ereu-logoThe Eurasian Economic Union’s (EAEU) prime ministerial council has signed a directive for a temporary agreement on forming an EAEU-Iran free trade agreement. The signing of a full format deal on the free trade area between the member states of the EAEU and Iran will contribute to GDP growth in all EAEU member states, and will boost trade and economic relations, according to the Eurasian Economic Commission.
“According to the results of the EEC econometric analysis, conducted within the framework of the joint research with Iran on the expediency of free trade zone establishment, a sufficient potential of GDP growth for all EAEU member states was deduced (plus US$27 million for Armenia, US$78.6 million for Belarus, US$508.6 million for Kazakhstan, US$12 million for Kyrgyzstan, US$1.3 billion for Russia)” the commission said. The prognosis was based on the scenario of the EAEU adopting a full FTA with Iran, but the transition to such a type of agreement can take time.

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China’s UnionPay Cards Making Inroads into Murmansk

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unionpay-in-russiaFollowing on from China’s Alipay forming a Russian network via the VTB Bank, further evidence of increasing cooperation and integration between China and Russia’s point of sale financial development systems have just been announced in Murmansk. Tourists from the People’s Republic of China and other Asia Pacific countries visiting the Murmansk Region will now be able to make withdrawals and pay for their purchases using UnionPay cards. These cards are accepted by over 90 percent of local Mumansk ATMs and terminals.

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Russia Opens Up Northern Sea Route For Gas Supplies To Asia

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russian-shipThe development of the Arctic Northern Sea Passage has taken a major step forward with the Russian supertanker Christophe de Margerie en route to South Korea. Sailing the Northern Sea Route with a load of liquefied natural gas from Norway, the shipment is a major step for Russia’s Sovcomflot to enter the global gas transportation market. Sovcomflot has 128 tankers and 13 LNG transport ships. This is about four percent of the global gas transporting fleet, however Russia’s share of this market is currently increasing. It means that Russia was now pitching itself as an important transporter of European gas to Asia.

The Christophe de Margerie does not need icebreakers to sail along the Northern Sea Route as it is able to cut through two meters of pack ice. Additionally, Russian companies intend to add value to raw gas. Gazprom has announced it is to build an LNG plant on Sakhalin Island in the Russian Far East as well as a facility in the Baltic Sea.
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Russia’s VTB Partners With China’s Alipay Partners To Develop Russian Merchant Network

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alipay-russiaRussia’s VTB Banking Group has entered into a partnership with China’s Alipay in  a move that sees the world’s largest online and mobile payment platform join forces with Russia’s largest provider.
VTB had recently begun merchant acquiring for Alipay payments service in its over-120,000 Point of Sale (POS) device network, which now makes VTB Group the biggest partner of Alipay in Russia. It is expected that more than 1 million Chinese travelers will benefit from the new partnership every year.

The service will be launched shortly after a pilot program in August. Q3-Q4 2017 will see its roll-out to the whole VTB network of close to 100,000 merchants.

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Russia & EAEU Launch Common Regulated Pharma Market

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russian-drugsThe Eurasian Economic Union has ratified a regulatory framework for medicines circulation in the EAEU. According to Member of the Board – Minister of the Eurasian Economic Commission (EEC), Valery Koreshkov, “National medicines markets of the five Member States of the Eurasian Economic Union (EAEU) [will] unify and start operating in the format of a single space”. “Manufacturers of the Union countries will be able to apply for registration of medicines and their release under common procedures and reduce administrative costs.”

An average consumer will notice changes in the pharmaceutical market over time – it currently takes seven to ten months from the moment of filing a drug application for approval to releasing the drug into circulation and its sale. The new regulations will improve this administrative process once the drugs have been cleared for distribution.

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Exxon Sues US Government Over “Arbitrary, Capricious & Illegal” Russia Sanctions Fines

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In a case outlining the corporate disruption caused by badly clarified sanctions placed upon Russia by the United States government, Texas based oil company Exxon has counter-sued the US Treasury Department’s Office of Foreign Assets Control (OFAC) for US$2 million in damages after it placed a fine on Exxon for signing a joint venture with Russia’s Rosneft in “reckless disregard” of Ukraine-related trade sanctions. In response, Exxon’s lawsuit argues that it had guidance from the government that its action would be legal under existing law and OFAC rules.

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