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Next articleVolgend Artikel

 07 aug 2014 09:22 

Russia bans agricultural imports from west in tit-for-tat sanctions move


Russia bans agricultural imports (Potatoes) from west in tit-for-tat sanctions moveVladimir Putin has banned the import of agricultural goods from countries that have imposed sanctions on Russia in a tit-for-tat move that deepens the economic standoff between the Kremlin and the west.

Russian government officials have been told to draw up a list of western agricultural products and raw materials that will be banned or restricted for up to one year, according to the decree published on the Kremlin website.

In tacit recognition that Russian consumers will bear the cost of the import ban, the decree also instructs officials to come up with measures to stabilise commodity markets and prevent food price rises.

The import ban will hit all EU countries and the United States, which last week stepped up punitive action against Russia in response to Moscow's support for eastern separatists in Ukraine, unwavering despite the downing of Malaysian airliner MH17.

The Kremlin decree did not specify which foods would be affected, but an official told the newspaper Vedomosti that the list would include meat, fruit and vegetables, but not wine or baby food.



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