TomandJerry
Well-known member
- Oct 1, 2013
- 11,665
Vladimir Putin has banned the import of agricultural goods from countries that have imposed sanctions on Russia in a tit-for-tat move that deepens the economic standoff between the Kremlin and the west.
Russian government officials have been told to draw up a list of western agricultural products and raw materials that will be banned or restricted for up to one year, according to the decree published on the Kremlin website.
In tacit recognition that Russian consumers will bear the cost of the import ban, the decree also instructs officials to come up with measures to stabilise commodity markets and prevent food price rises.
The import ban follows a threat of retaliation from Russia's prime minister, Dmitry Medvedev, in response to the grounding of the budget airline subsidiary of Aeroflot as a result of EU sanctions. Russian officials are reported to be considering banning European airlines from flying to Asia over Siberia.
Russian government officials have been told to draw up a list of western agricultural products and raw materials that will be banned or restricted for up to one year, according to the decree published on the Kremlin website.
In tacit recognition that Russian consumers will bear the cost of the import ban, the decree also instructs officials to come up with measures to stabilise commodity markets and prevent food price rises.
The import ban follows a threat of retaliation from Russia's prime minister, Dmitry Medvedev, in response to the grounding of the budget airline subsidiary of Aeroflot as a result of EU sanctions. Russian officials are reported to be considering banning European airlines from flying to Asia over Siberia.