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Interview: BiH expecting to export dairy products to China to promote development, says trade minister

Abstract : Entering the Chinese dairy market would hopefully help BiH to promote its livestock farming, raise rural population's income and attract investments for the country's dairy industry, said Minister of Foreign Trade and Economic Relations Stasa Kosarac.

Cargos
are unloaded from a container ship at the container terminal of the
Lianyungang Port in Lianyungang City, east China’s Jiangsu Province,
Jan. 14, 2021. (Photo by Wang Jianmin/Xinhua)

SARAJEVO,
May 5 (Xinhua) — Bosnia and Herzegovina (BiH) is looking forward to
exporting its dairy products to China so as to boost the development of
its dairy sector and reduce the country’s trade deficit, said Minister
of Foreign Trade and Economic Relations Stasa Kosarac.

“The
export of milk and dairy products to this challenging and very big
market would be a great stimulus to further develop our milk industry,
as well as to improve our overall policies in agriculture,” Kosarac told
Xinhua in a recent interview.

China
intends to import, in the coming five years, more than 170 billion U.S.
dollars’ worth of goods from Central and Eastern European countries
(CEEC), and will “work to double CEE countries’ agricultural exports to
China and raise two-way agricultural trade by 50 percent,” Chinese
President Xi Jinping said at the China-CEEC Summit in Beijing in
February.

“We see that as a great chance for the domestic agricultural sector,” said Kosarac.

People visit a supermarket in Weifang, east China’s Shandong Province, April 9, 2021. (Photo by Wang Jilin/Xinhua)

“For
sure, entering the Chinese dairy market would lead us to new investment
projects in the production-to-processing chain of the milk industry,”
said Kosarac, noting that there is enough space for joint investments of
Chinese and BiH partners for the development of production and
processing capacities.

Entering
the Chinese dairy market would hopefully help BiH to promote its
livestock farming, raise rural population’s income and attract
investments for the country’s dairy industry, he added.

As
one of BiH’s most important agricultural branches, the dairy industry
is annually producing around 700 million liters of raw milk, of which 97
percent is cow milk.

Drinking
milk accounts for 54 percent of the country’s total dairy production,
followed by fermented products with a share of 20 percent, cream and
whey 17 percent, and cheese 6 percent, said the minister, adding that
the fast-growing milk industry has the capacity to continue prospering.

A
staff member picks items according to customers’ orders at a
supermarket in Urumqi, northwest China’s Xinjiang Uygur Autonomous
Region, July 18, 2020. (Xinhua/Song Yanhua)

In
order to successfully deliver its dairy products to the big Chinese
market, BiH needs to engage with all relevant institutions as well as
dairy product producers, and give joint presentations on significant
fairs and events in China.

“Consumers
around the world are aware of the importance of food and its impact on
our health and the quality of life. The same happens on the Chinese
market where, as a result of economic progress, the need has been
created for a wide spectrum of quality food products,” said Kosarac.

“Export achievements are the carriers of the domestic milk industry’s development,” he said.

In 2020, BiH exported more than 94,000 tons of dairy products, mostly to Croatia, Serbia, Montenegro, and North Macedonia.

“I
am fully committed to working on opening new markets for BiH products
as I think that is the best way to protect domestic production,” he
said, adding that China is a friendly nation and a long-time partner
with whom BiH would like to strengthen cooperation and trade.

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Interview: BiH expecting to export dairy products to China to promote development, says trade minister

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