The BRICS Working Group on the Study of Competition in Food Markets proposed to initiate a global analysis of the industry. It is recommended that this be done in conjunction with the association’s key partner countries, including the main importers and exporters, and taking into account the scale of trade between countries. Messages Federal Antimonopoly Service of the Russian Federation.
“… (analysis – socialbites.ca) will allow a comprehensive assessment of current economic realities and the development of new tools for anti-monopoly regulation to reduce the negative consequences of price volatility in global food markets,” the FAS said. In a statement.
Such a proposal was announced at the BRICS working group meeting on the study of competition in food markets held in the BRICS+ format.
The meeting was attended by the representatives of the antimonopoly authorities of Azerbaijan, Armenia, Gambia, Egypt, India, Kazakhstan, Kyrgyzstan, China, Belarus, Uzbekistan, South Africa, as well as the representatives of the Eurasian Economic Commission, the BRICS Center for International Competition Law. and Policy, the Eurasian Anti-Monopoly Experts Alliance.
The BRICS includes Russia, Brazil, India, China and South Africa.