Cherkizovo stops pig investments ahead of Russia’s WTO accession
date:May 17, 2012
inue to help pig farmers, even after the entry into WTO, as the industry is currently very vulnerable, the share of imports in the Russian market still exceeds 50%, and it is impossible to suspend investments overnight. To complete the programme of import substitution in the industry, we have to invest further during the next five years. We intuitively understand that something will be done, because it would be counterproductive to freeze the market right now and put running investments at risk,
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