Indian, Chinese cos pool efforts to market agro-chem in Russia

MOSCOW: India and China, the world's two biggest producers of agro-chemicals, have agreed to hold buyer-seller meets here on an annual basis to pool their efforts to market products in Russia, which is the biggest consumer in the Commonwealth of Independent States (CIS).

A first-ever "International Crop Science Conference and Exhibition (ICSC 2011)" was organised here last week by the Pesticides Manufacturers & Formulators Association of India (PMFAI), with the cooperation of CHEMEXCIL and the China Crop Protection Industry Association (CCPIA) and the support of the Russian Union of Crop Protection & Manufacturers and the Russian Grain Union.

The two-day ICSC 2011 and linked Buyer-Seller Meet inaugurated by Indian ambassador Ajai Malhotra was attended by 68 Indian companies (45 members of PMFAI and 23 of CHEMEXCIL) and 19 Chinese companies (all CCPIA members) with the aim of attracting new Russian buyers and partners.

According to an Embassy release posted on Facebook, PMFAI members alone picked up an additional USD 4 million worth of orders at ICSC 2011 and got many good business leads to follow-up.

CHEMEXCIL members also secured good orders and trade enquiries.

Satisfied with its outcome, the organisers have decided to make the trilateral Conference and buyer-seller meet an annual feature in Moscow.