Wednesday, August 3, 2016

Russia is considering a partial lifting of the embargo – Polish Radio

signed a decree extending the embargo President Vladimir Putin. It will be in force until 31 December 2017 year. Photo: Pixabay

The decree on the matter signed President Vladimir Putin. It will be in force until 31 December 2017 year.

Russia imposed an embargo on food products from the European Union, the United States and several other countries in response to the obligations imposed on them economic sanctions.

Russian embargo in force since August 2014.

for the first time, Vladimir Putin ordered the closure of borders for western goods in August 2014. Last year, he extended the embargo since its sanctions remained the European Union.


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The EU sanctions against Russia extended until the end of January 2017.

This time, Moscow intends to keep the border closed at least a year and a half. The head of government, Dmitry Medvedev said that such were the expectations of Russian entrepreneurs who are taking advantage of the lack of competition can develop their business. He urged businessmen not to waste the opportunity.

Mediocre residents of Moscow, but complain about the depletion of the range, it also argued that the “no EU products will give cope.”

According to the former minister finance Alexei Kudrin, food embargo will not be too burdensome for the Russians, since they already had the opportunity to get used to the market restrictions.

IAR, jk

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