Russia has placed a ban on the import and transit of all fruit and vegetables from Ukraine, starting Wednesday, for fear they may originate from the EU, Russia’s consumer health watchdog Rosselkhoznadzor has said.
Russia’s recent trade figures show strengthening ties eastwards, not westwards. Trade with the 28-nation European Union declined 3.2 percent from the same period last year, whereas trade with China increased by 3.4 percent.
Investors are concerned about the future stability of Britain’s business environment, warning of a “huge uncertainty shock” if the UK leaves the European Union, or ends up with another coalition government after next year’s general election.
Even the Swiss economy isn’t immune to the "fragile and vulnerable eurozone" and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.
Activists will rally in Westminster on Saturday as part of a Europe-wide protest against the Transatlantic Trade and Investment Partnership (TTIP), which critics say will eradicate public services including the NHS and the BBC.
The recent ratification of the treaty on the Eurasian Economic Union by the Belarusian parliament removed the last doubts about the start of this ambitious project, which involves a market of 170 mn people and $2.7 trillion of combined domestic product.
Russia has nothing against other CIS member states building closer ties with Europe, the only thing it insists on is that its allies properly discuss the possible economic risks to the Russian economy, President Putin said at the summit in Minsk.