An opinion: Almost all advances in industrial and agricultural sectors of Estonia are lost

During the conference “The future of the Baltic sea region: risks and opportunities”, held on the 21-23 September in Saint-Petersburg, Hanon Barabaner, a member of RANS, declared that at this moment Estonia has lost almost all advances in industrial and agricultural sectors which were made in Soviet times.

According to the expert, Estonia, which produced 2% of all agricultural products of the Soviet Union, does not ensure products even the domestic market at the present time and imports more 60% of goods. The academician believes that the cause of Estonian economy deindustrialization is “a breaking of objective economic relations” existing during the times of USSR.

Source - rubaltic.ru