Telegram founder agrees to register service in RussiaBusiness & Economy June 28, 16:50
St. Petersburg City Assembly votes against referendum on St. Isaac’s Cathedral issueSociety & Culture June 28, 16:43
Russia’s advanced Lider-class destroyer to get nuclear propulsion unitMilitary & Defense June 28, 16:06
Russia restarts production of engines for shipborne fighter jetsMilitary & Defense June 28, 15:54
Russian senate speaker calls for international cooperation in fight against cyber crimeRussian Politics & Diplomacy June 28, 15:46
Kremlin says ‘Petya’ ransomware attack validates Russia’s call to fight hackersRussian Politics & Diplomacy June 28, 14:51
Russian Navy may get new advanced aircraft carrierMilitary & Defense June 28, 14:39
Russia will boost military power against potential aggressors, Putin saysRussian Politics & Diplomacy June 28, 14:13
Moscow warns US against irresponsible steps in SyriaRussian Politics & Diplomacy June 28, 13:59
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.