Russian President Vladimir Putin on Saturday extended an embargo on Western food imports introduced in 2014 until the end of 2021, an economic measure that mainly affects EU imports. The Russian embargo was in response to EU sanctions introduced afterRussia's annexation of the Crimean peninsula, sanctions that Brussels renewed for another six months at the end of June. The EU has refused to recognize Russian's March 2014 annexation of Crimea and has condemned Moscow's support for separatists that control parts of eastern Ukraine that borderRussiaas a violation of international law. Western sanctions have hit all parts of the Russian economy and that,. Read more...
The All-Russian State Center for the Quality and Standardization of Medicines for Animals and Feed analyzed the data of the state information system in the field of veterinary medicine (component "Argus") and received the following results: over 56 thousand tons of supervised products were imported to the Russian Federation from 19 to 25 October. Product type Import, tons Share,% Poultry (chicken, turkey, goose) 5 258,49 9,24% Finished food products (including. Read more...
Over the 9 months of this year, Russia, compared to the same period last year, sharply increased imports of dairy products, primarily butter. According to the FCS, it was imported 87.2 thousand tons, which is 36.4% more than a year earlier. Meat imports (excluding poultry) decreased by 2.4%, to 284.6 thousand tons (by $ 967.1 million), fish - grew by 1.1%, to 165.4 thousand tons. Read more...
In the past two years, the Russian government has introduced sanctions against a number of countries, including the U.S., Australia, the EU member states, and now Turkey. Why is Moscow restricting imports and how is this embargo affecting Russia itself? Authorities removed 44.8 tons of banned goods from stores in the first half of 2015 and are destroying sanctioned products seized at the border. Source: Ria Novosti/Viktor Tolochko In August 2014, Russia introduced sanctions for the first time in modern history, responding to measures against Moscow undertaken by certain countries because of its role in the Ukrainian crisis. The EU and the U.S. took action. Read more...
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