Russia Needs Technical Upgrade to Be Agri Player: Louis-Dreyfus

April 18, 2013


Russia needs to improve infrastructure to compete on global agricultural markets, Margarita Louis-Dreyfus, chairwoman of Louis Dreyfus Holding BV, said at a Sberbank conference in Moscow today.

Louis-Dreyfus also said:

– Country has to improve railway transportation of commodities, access to ports, reduce bureaucracy and make investments in technical modernization of agricultural sector

– Monopolization of logistics “is one of main issues” that needs to be resolved for easier commodities shipping

– Russia “is destined to become a dominant global player” in agriculture market

– Co.’s growth is slow in Russia because of mentioned factors