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Trade

Food embargo against West to benefit Russia’s economy- Putin
Russia’s food ban against many Western products will help Russia strengthen its domestic food market, President Putin said Thursday.

14.08.2014 12:44

Russia’s food embargo making EU squeal even louder
Austria is warning of catastrophic falling prices, and the Netherlands is saying losses could be triple initial estimates. A third of Lithuanian milk producers say they are facing problems.

13.08.2014 11:44

EU denies bullying Russia's trade partners over food ban
The EU is not working to thwart Russian trade with Latin America and elsewhere in the world, EU spokesman Peter Stano tells RT.

13.08.2014 12:13

Ecuador: We don’t need permission to trade with Russia
Ecuador doesn’t need anybody’s permission to export agricultural products to Russia, which now has a big gap that needs to be filled after it banned supplies from a number of western countries, said President Rafael Correa.

13.08.2014 08:41

Spain seeks EU compensation over Russian food ban
Spain will meet with EU officials Thursday to discuss offsetting the country’s estimated €337 million in food and agriculture losses due to blocked access to the Russian market.

12.08.2014 11:52

​Poland readies complaint to WTO over Russian embargo
The Polish Agriculture Ministry has prepared a formal complaint to the World Trade Organization (WTO) over the Russian ban on exports of agricultural goods from the European Union, according to the Minister Marek Sawicki.

12.08.2014 12:14

Venezuela closes Colombian border to crack down on contraband
The Venezuelan government is closing its border with Colombia in an attempt to curb mass smuggling of goods from Venezuela to Colombia during the night hours.

11.08.2014 15:03

China to start direct sales of fruit and vegetables to Russia
China will start selling fruit and vegetables directly to Russia, and Baorong company plans to set up a special logistics center in Dongning on the border with Russia’s Far East to do it.

11.08.2014 06:59

Who is hit hardest by Russia's trade ban?
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.

08.08.2014 07:18

​'EU and Russia are in the first stages of an open trade and economic war'
Russia and the EU have to look for a basis for a new dialogue of non-confrontation as they should be strategic partners working for consolidation of peace and normal economic life, Kostas Isyhos from Greece's left-wing SYRIZA party told RT.

08.08.2014 12:52

Russia’s import ban means big business for Latin America
​Russia’s 1-year ban on food products from the EU, US, Canada, and Norway will force Russia to increase food imports from Latin America, specifically Ecuador, Brazil, Chile, and Argentina.

07.08.2014 09:25

‘Russia is trying to protect itself from US economic warfare’
Russia’s introduction of agricultural import bans from sanctioning countries is a way for Moscow to protect itself from Western economic aggression, Caleb Maupin, a political analyst at the International Action Center, told RT.

07.08.2014 00:10

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