Russia’s agricultural sector boosted by financial reforms

19/11/2002

The federal commission established to implement the reform of Russia's ailing agricultural sector has unveiled new plans to restructure the debt of at least 10,000 of the country's insolvent farms.

"Our goal is that all these farms will start the restructuring next year," agriculture Minister Alexey Gordeyev said after the commission's first meeting on Wednesday, "But the whole process will take up to 10 years or even longer."