Trade Resources Economy Russia Announced a Ban on Imports of Western Agricultural Products

Russia Announced a Ban on Imports of Western Agricultural Products

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In view of the western sanctions against Russia, the President Putin signed a decree on 6th, will perform a ban for imports of western agricultural and food products for one-year. On 7th, the prime minister Medvedev announced specific and banned the import of goods list.

Russia Announced a Ban on Imports of Western Agricultural Products

To make up for losses, Russia will intensify agricultural imports from South American countries, the import ban will have a pressure on German agricultural products sales, Germany is the Russia's second largest trading partner, second only to China, but does not exclude the Chinese businessmen will buy agricultural products from the European Union to sold to Russia.

 

Written by Dora Men

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