Agro sector deficit stubbornly high

AN OPTIMUM trade deficit in farm and food commodities will not be reached by 2004, according to Jaromír Košin, general director of the agriculture, food industry and trade section at the Agriculture Ministry. While the ideal figure is Sk7 billion, Košin said: "In my opinion it is realistic to reduce the trade deficit to a level of Sk12 billion or Sk13 billion in 2003."

In 2001, Slovakia's farm and food trade deficit stood at Sk20.3 billion, one-third of all agricultural turnover and 19.6 per cent of Slovakia's total foreign trade deficit. The Agriculture Ministry is proposing protective measures and extra customs duties to address the situation.

The ministry would also like to see the portion of Slovak foods on supermarket shelves increase on the domestic market. "We will negotiate with the British management of Tesco retail chain in Slovakia on increasing sales promotion of Slovak food products," said Košin, adding that the ministry will initiate similar negotiations with other retail chains operating in Slovakia. Slovak food products currently make up around 70 per cent of the domestic market, a figure the ministry would like to see between 85 and 90 per cent.

Top stories

Experts propose another week of lockdown and one new measure

The coronavirus situation in Slovakia has not improved.


9 h
Kino Lumiére often screens gems of the Slovak cinematography.

No popcorn here! Bratislava’s well-known cinema has been on the scene for a decade

Being welcoming towards minorities or disadvantaged groups is a given for the cinema.


30. nov
Trenčín covered in Christmas lights on November 29, 2021.

Weekend: Ježiško's Christmas Post Office is open, expecting letters from around the world

Make yourself comfortable and explore what has been going on in Slovakia in the past days.


3. dec
New markings for parking places in Petržalka.

Bratislava launches registration for regulated parking scheme

The city-wide parking policy will start in the first three zones on January 10, 2022.


3. dec
Skryť Close ad