Russia’s food embargo, imposed in response to Western sanctions, will not be reversed until Moscow decides the country’s national security is no longer at risk, said Russian Deputy Prime Minister Arkady Dvorkovich.
Switching over to EU trade standards and nixing duty-free trade with Russia will cost Ukraine €165 billion over the next 10 years, President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday.
Spanish farmers have dumped thousands of potatoes in front of Carrefour, a major supermarket chain, in response to a move to lower prices, further squeezing suppliers, in the wake of Russian sanctions on agricultural products from the EU.
Four people from the slaughterhouse at the center of a massive beef recall in February have been indicted for purposely allowing diseased cattle into its processed meat and misleading health inspectors.
Germany and Poland will lose the most trade with Russia, and neighboring Finland and Baltic states Lithuania and Latvia will lose a bigger proportion of their GDP. Norway will see fish sales to Russia disappear, and US damages would be very limited.