Europe suffers from Russian sanctions

10 August 2018, 10:15 | Economy
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For four years, since Russia declared a food embargo in response to EU sanctions, no noticeable losses occurred in Germany's agricultural sector. This was stated in the Ministry of Food and Agriculture of Germany. In the middle of 2015. incomes in the agricultural sector of the country temporarily fell, but not more than 0.3%, and in the food industry - a maximum of 0.4%. However, since that time, the negative effect was to weaken even more, RIA Novosti reported to the press service of the agency. Due to various veterinary and legal measures adopted by the Russian Federation, trade in the agro-industrial sector between Russia and Germany declined until the food embargo was imposed in August 2014. , the ministry noted. However, this reduction was compensated by the transition to other markets. Earlier, some representatives of European business said about the deteriorating economic situation in the dairy industry in France, talked about the fall in prices for pork in Belgium and other similar consequences of restrictive measures taken by Russia in response to EU sanctions, resembles the TV channel "360". The most food embargo of the Russian Federation was reflected in Spain.

New markets in Brazil and Canada, which this European country has found, are losing to Russia. notes URA. EN. On Monday, August 6, it was four years since the embargo began. On this day of 2014. President Vladimir Putin signed an appropriate decree. Then many foodstuffs from the USA, the European Union, Canada, Australia and Norway turned out to be banned: meat, sausages, fish and seafood, vegetables, fruits and milk. And in July the decree was extended until the end of 2019.




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