Seed Imports from Third Countries in EAEU Surpass $1 Billion Annually
Import of Seeds from Third Countries to Eurasian Economic Union Exceeds $1 Billion Annually
Bishkek – 24.kg news agency- 17:21, 16 June 2023
By Tatyana KUDRYAVTSEVA
In recent years, the import of seeds from third countries into the Eurasian Economic Union (EAEU) has reached an annual value of over $1 billion. This was revealed by Andrey Drobyshevsky, the head of the Agricultural Markets Development Department of the Eurasian Economic Commission, during a round table discussion.
Drobyshevsky highlighted that the most import-dependent crops in terms of seeds are sunflower, corn, and sugar beets. Additionally, the import of fruit tree saplings and vegetable crop seeds accounts for approximately $200 million.
He emphasized the need for the region to develop its own selection of seeds as exports and mutual trade remain considerably lower in comparison to imports. Currently, the focus of exports is on wheat seeds and seed potatoes, according to Drobyshevsky.
The high dependence on importing seeds from third countries calls for a stronger emphasis on the development and promotion of seed production within the Eurasian Economic Union. By investing in research and development, the region can reduce its reliance on imports and improve self-sustainability in seed supply.
Investing in the development of a robust domestic seed industry will not only reduce the economic burden of importing seeds but also contribute to the overall agricultural self-sufficiency of the member countries of the Eurasian Economic Union. Moreover, it can also lead to the creation of new employment opportunities and the growth of the agricultural sector.
Efforts should be made to support local farmers and breeders to enhance their capabilities in seed selection, production, and distribution. This can be achieved through the provision of financial assistance, access to modern technologies, and training programs.
Moreover, international collaboration and exchange of knowledge and expertise in seed production should be encouraged. By learning from the best practices of other countries, the Eurasian Economic Union can improve its own seed industry and ensure the availability of high-quality seeds to its farmers.
In conclusion, the import of seeds from third countries to the Eurasian Economic Union has surpassed $1 billion annually. To reduce dependency and strengthen self-sustainability, it is essential for the region to concentrate on developing its own seed production capacity. This will not only boost the agricultural sector but also contribute to the overall economic growth and food security of the member countries.
