Its main objective is to create an environment for easy trade operations with lowest possible costs and losses.
Believe it or not, but modern food trade technologies are practically the same as those used in Europe two thousand years ago, in the times of Julius Caesar’s military campaigns in Spain, when people started using trade contracts to sell food.
Now we use telephone and email, but all they do is speed up document transfer as compared with a horse or a pigeon.
Some progress was achieved in exchange trade of food; however, this tool is manly used by a limited number of professionals and is considered as rather expensive and exclusive.
Food trade is the largest industry in the world in terms of volume: 225 billion dollars in Russia and 3 trillion dollars in the world. It is also the largest in terms of employed people: 10 million in Russia and 200 million in the world.
$225 billion in Russia
$7,6 trillion in the world