“The Global Financial Crisis and its Effect on Agribusiness” USAID sponsored seminar at the 76th International Agricultural Fair in Novi Sad.
On Tuesday, 12 May 2009, Assistant Minister of Agriculture, Mr. Milan Stegic and the United States Agency for International Development (USAID) Mission Director, Mr. Michael Harvey officially opened a seminar dedicated to “The Global Financial Crisis and its Effects on Agribusiness”.
The global financial crisis has placed huge pressure on fresh produce suppliers to Europe, limiting consumer spending power and making it more difficult for emerging export markets such as Serbia to establish a strong foothold in the market. This Seminar provided an analysis of the current international situation, and offered potential solutions to current export constraints.
The key speaker was Mr. Goran Zivkov, a renowned agricultural economist and former Serbian Minister of Agriculture. He provided an in-depth analysis of how the economic crisis is affecting Serbian food producers, processors, packers and exporters.
• Frédéric Rosseneu, policy advisor for Freshfel Europe, the European Fresh Produce Association, which represents more than 170 members of the fruit and vegetable industry in Europe, commented on the current European fresh produce market trends.
• Bert Wilschut, product manager for Topfruit at The Greenery, gave an overview of the European apple market during the past 5-10 years and how the varietal range has evolved and what new cultivars have been introduced in the recent past.
• Elwira Felgueiras the import director of Berry Gardens, UK's largest fresh berry supplier, which produces, sources and distributes strawberries, raspberries, blackberries and blueberries for the UK retail market, provided an insight into the European berry market.
The program provided participants with the unique opportunity to network with key European buyers of apples, berries and cherries, as well as key Serbian exporters and international food industry leaders, representatives of the Serbian government, the banking sector and representatives of other Balkans countries. Over 200 people attended the Seminar, including a large number of journalists and editors. Also in attendance was Dr. Ivana Dulic - Markovic, ex-Minister of Agriculture and a number of Ministry representatives.
USAID’s support to hold the conference is just one element of assistance provided by the American people to help Serbia to increase revenue from agricultural production. Acknowledging that the Novi Sad Agricultural Fair is one of the most important events of the year in European agriculture, USAID has launched the Business Linkages Program to better connect international buyers and visitors with the producers, sellers, brokers and service providers at the Fair. In addition, USAID has brought together a number of small Serbian enterprises and helped them to exhibit with a joint stand. This initiative aims to support the growth and export potential of small enterprises with high potential products and services that not yet in the position to reach wider markets.

