170 homes burn down in Siberian fires, Russian Emergencies Ministry saysWorld May 25, 11:52
Russia starts state trials of upgraded ‘Night Hunter’ helicopterMilitary & Defense May 25, 11:41
Stoltenberg says Norway remembers Red Army’s role in liberation from fascismWorld May 25, 11:16
Stoltenberg welcomes contacts between NATO-allied countries and RussiaWorld May 25, 10:51
Soyuz carrier rocket with military satellite launched from Russian spaceportScience & Space May 25, 10:07
Envoy slams US intel brass’ claims on Russia’s intrusion into EU polls as ‘nonsense’Russian Politics & Diplomacy May 25, 9:16
Russia moves Iskander missile systems for drills to Tajikistan for first timeMilitary & Defense May 25, 8:40
Soviet 'worker and peasant girl' statue for 1937 World's Fair marks 80th anniversarySociety & Culture May 25, 8:15
Putin receives message clarifying intentions of new South Korean presidentRussian Politics & Diplomacy May 25, 7:47
MOSCOW, September 21. /TASS/. Russia should take advantage of its "non-GMO country" reputation to earn extra profit from export of organic products, international consulting firm KPMG said on Tuesday in its papers for the Russian agribusiness roundtable in TASS.
"Russia has potential of capitalizing the reputation of the country that banned GMO," the firm said in the papers.
According to KPMG forecasts, the global organic products market will reach $1 trillion by 2019.
Use of abandoned agricultural lands and higher added value of agricultural products are among other opportunities for the Russian agribusiness, the consulting firm said. Furthermore, Russia can make a productivity breakthrough on account of introducing robots, sensors and IT technologies into agricultural production, KPMG said in the papers.