Alexander Murychev: ‘Development of cooperation in the agroindustrial complex is a key factor of food security in the EAEU’
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Alexander Murychev: ‘Development of cooperation in the agroindustrial complex is a key factor of food security in the EAEU’

On the 11 th of April, Alexander Murychev, Chairman of the FBA EAC Board, Vice-President of the RSPP, spoke at the Second Meeting of the Food Market Committee of the EAEU Business Council and the RSPP Commission on the agroindustrial complex and food security. The discussion focused on the development of Eurasian mechanisms to support cooperation in the agro-industrial complex.

1 In his speech, Alexander Murychev emphazised that the agro-industrial complex remains one of the key sectors of the economy of Russia and the Eurasian Economic Union (EAEU) countries, providing a significant part of export potential.

Integration Priorities and New Challenges

‘The Declaration of the EAEU Leaders until 2030 and for the period until 2045 names the provision of the common market with goods and resources as a key task,’ said Mr. Murychev. – ‘It is important for us to strengthen not only production, but also cooperation along the entire value chain – “from the seed to the plate”’. Alexander Murychev focused on the need to introduce innovations, increase the competitiveness and capital-labor ratio of the agro-industrial complex, as well as the effective division of labor between the participating countries.

Financial Support and Adaptation of Mechanisms

Alexander Murychev suggested using the experience of the Eurasian mechanism for financing industrial cooperation projects, introduced in 2024. However, according to him, it is important to adapt the tools to the specifics of the agro-industrial complex, where investment cycles differ from industrial ones.

Prospects for Cooperation

‘I am confident that today's discussion will help find common ground to create effective measures to support cooperation in the agro-industrial sector,’ he concluded.

The meeting brought together representatives of business, government and expert communities to develop solutions aimed at deepening integration in the agroindustrial complex within the EAEU.
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