World Economy
0

Russia to Ban Ukraine Food

Russia to Ban Ukraine Food
Russia to Ban Ukraine Food

Moscow will impose a food embargo on Ukraine starting from January 1, 2016, when the economic part of Kiev’s European Association Agreement comes into force, according to Russia’s Economic Development Minister Aleksey Ulyukaev, RT reported. “Since Ukraine joined economic and financial sanctions against the Russian Federation, we have decided to introduce protective measures by imposing a food embargo,” said the minister. The measure is expected to protect the Russian market from the illegal supply of embargoed European goods that will become available in Ukraine under the Association Agreement with the EU, said Ulyukaev.

Financialtribune.com