Russia responded to Western sanctions with food imports ban. Russian government published a list of products banned for import from countries that imposed sanctions on Russia. Earlier the European Union, the United States, Japan, Canada and some other countries have compiled sanctions lists against a number of Russian companies, banks and politicians.
Russia's Ministry of Economic Development is preparing documents on extending food import restrictions until the end of 2017 and the list of countries and goods remains mostly unchanged, Minister Alexei Ulyukaev said Thursday.
The past 12 months have seen a 29 percent drop in European Union (EU) food exports to Russia. According to World Bank estimates, the food import ban Moscow imposed on the EU countries in response to anti-Russian sanctions may put 130,000 jobs in Europe on the line, Portuguese newspaper Publico wrote.
Sources in the Italian government told RIA Novosti on Tuesday that recent media reports about intention of Italian Prime Minister Matteo Renzi to call on Russia to remove food embargo imposed in response to EU economic restrictions were false.
Italian Prime Minister Matteo Renzi will raise the issue of a possible removal of the food embargo, imposed by Russia in response to EU economic sanctions, at the St. Petersburg International Economic Forum (SPIEF) in June, Russian newspaper Izvestia reported Tuesday, citing a source close to the Italian government.
Bulgarian Minister of Agriculture and Food said that Bulgarian agricultural sector has lost 300 million leva ($167 million at current exchange rates) since Moscow introduced a food embargo against the EU agricultural sector.
The Italian ambassador to Moscow revealed what he thinks about Russian-made cheese in a recent interview with RIA Novosti.
Iran's exports of dairy products to Russia may reach some $800 million in 2016, the head of Iran Dairy Industries Society said Sunday.
French farmers want to resume the supply of agricultural products to Russia, a report from Rosselkhoznadzor, Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, said.
Although the peak of the economic crisis has passed, the Russian government will not stop working on the areas designated in the plan.
Despite the prolongation of anti-Russia sanctions by the EU, Moscow will not introduce additional response measures.
Western countries are less likely to impose new sanctions on Russia, Fitch Ratings said in a press release.
Russia's EU envoy Vladimir Chizhov met Monday with Phil Hogan, the member of the European Commission in charge of agriculture and rural development, the Russian Permanent Mission to the European Union said in a statement.
Estonian dairy producers left on the brink of bankruptcy by the Russia-imposed food embargo will take to the streets of Tallinn on September 14 to demand some $7.7 million in financial support from the government, the head of Central Agriculture Trade Union said Tuesday.
Moscow will not put "sand in the wheels" of foreign companies despite sanctions, Russia's minister of natural resources and environment said.
Last year the EU was able to cope with Russian food embargo "reasonably well," but the situation is changing now.
Ecuador may replace the Netherlands as Russia's biggest flower importer, according to Russia's agricultural watchdog Rosselkhoznadzor.
Western sanctions have failed, while the state’s “Buy Russian” mechanism is working, said Gillbert Doctorow in an interview with Sputnik radio.
Federal Customs Service of Russia is not ready for joint actions with Russia’s agriculture watchdog to destroy food from a list of embargoed goods, illegally imported to the country, the press secretary of Rosselkhoznadzor said in an interview broadcast on Wednesday.
The food import embargo Russia has imposed against countries that sanctioned it is a disaster for French farmers, France’s Member of the European Parliament Edouard Ferrand told Sputnik.
Under new regulations, illegally imported European meat and dairy products may be used in animal food manufacturing.
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