1. Introduce Asian Customers to Russia Goods; Russian Food Industry is
Prospering-News from GlobeBill
Russian manufacturers have grand ambitions to
introduce Asian customers to their goods. Russia is one
of the major exporters of raw materials to the West but
its share of the world’s food imports is less than 1pc.
And with the rapid rise in food production in Russia,
the potential to expand the market is huge, say experts
from the Ministry of Agriculture and the National
Union of Exporters. Though for now, Russian food
remains the preserve of those living within its borders
or those in the former Soviet republics，as agricultural production expands, exporting
it will be a priority, according to the experts.
Same with the current condition of Russian, Chinese agricultural consumption is
rising rapidly. As a big country with huge population and a potential market, China
has been both big exporter and importer of the world. From January to June, the
output of Chinese candy totaled 624,600 tons, rising by 14.55% YOY. Provinces with
higher YOY growth rates were Sichuan, Xinjiang, Heilongjiang, Shandong, Shanxi,
etc. As the neighboring country with steady and prosperous economy, merchants in
two countries have seen the further hope of their career.
The prosperous Russia market has provided them with a good choice. However,
behind the golden chances lay many challenges which hold many people back from
the profitable business. Among the obstacles laying ahead, the payment gateway
solution in one of the biggest. By establishing a local payment gateway in Russia;
GlobeBill (www.globebill.com) can effectively help the foreign investments solve the
problems of operating difficulty. As a representative of GlobeBill, Lin said that the
number of Chinese third-party payment companies involving in Russian Foreign
Trade receivables were very limited which has caused a lot of obstacles when foreign
power want to enter the Russian market. The payment gateway will be able to provide
both Russian and Chinese merchants a professional payment solution in Russian local
business.