Expanding Geography

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Russian exporters are exploring new markets

According to the trade representatives of the Russian Federation, whose meetings with companies were held last week by the Ministry of Industry and Trade and the “Business Russia” All-Russian Public Organization, Russian companies have become more interested in opportunities to enter the markets of "friendly" countries, including very remote and previously not so attractive ones.

Exporters are no longer intimidated by distances or problems with logistics and settlements: some companies have to work with new intermediaries, while others have to look for direct buyers and local partners. Trade representatives themselves noted a multiple increase in business interest in geographically remote and less familiar markets, as well as a change in the structure of trade. For example, Russian suppliers of engineering and creative industries services have entered the Brazilian market, where large volumes of fertilizers from Russia are traditionally supplied.

Read the full version of the article at the link: kommersant.ru 

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