Russia's 'full embargo' against EU food will affect 10% of the EU's food exports. Meanwhile, the Russian people are deprived of fresh goods until the trade ban is lifted. Russia's embargo against food from the European Union will affect 10% of the EU's food exports and may cause a crisis of glut in Europe, industry experts said on Thursday. The figures, at face value, mean that Russia's announcement on Thursday of a "full embargo" against EU food will deprive Russians of fresh goods in particular. But it will also have a significant effect on many exporters who will now have to find new outlets and may lose markets to. Read more...
The head of the Rosselkhoznadzor Sergei Dankvert and his Belarusian counterpart Ivan Smilgin will discuss lifting restrictions on supplies of Belarusian food to the Russian market, RIA Novosti reports. The parties also intend to develop mechanisms for the transit of livestock products, which follow from Belarus through Russian territory to. Read more...
The value of EU agri-food exports for the 12-month period from July 2015 to June 2016 amounted to just over €129 billion, a 2.1 per cent increase compared to 2014-2015, according to the latest monthly report on agricultural trade. There was notable improvement in sales to the US (+ €2.2 billion), China (+ €1,8 billion) and Saudi Arabia (+ €0.6 billion). The sectors which have shown the greatest gains over the 12-month period are pigmeat (+ €986 million), wine (+ €511 million) and live animals (+ €502 million), whereas there was a notable decrease from the value of 2014-2015 exports for raw hides and skins (- €1.1 billion),. Read more...
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