Russian food embargo cost foreign suppliers 9,3 billion dollars. About this on Monday, May 23, said the Analytical Center under the Government of the Russian Federation.
The first wave of counter-sanctions (August 2014) was the strongest.
The ban included beef, pork, poultry, fish, milk and dairy products, some vegetables and fruits, nuts produced in the EU countries, the USA, Canada, Australia and Norway. The center's report said that the total value of the goods that the restriction touched was 9,1 billion dollars.
The second wave (June-August 2015 of the year) expanded the restrictions on Iceland, Albania, Montenegro and Liechtenstein. She increased the cost of the embargo on 241 million dollars.
Thus, the loss of suppliers in 2015 year amounted to 9,3 billion dollars. The study did not take into account prohibitions on the supply of products from Turkey and Ukraine.
In August, 2014, Russia, in response to the sanctions imposed due to the annexation of the Crimea and the conflict in the Donbas, imposed a food embargo on EU member states, as well as the United States, Australia, Canada and Norway. 24 June 2015 President Vladimir Putin extended the effect of counter-sanctions for a year - until 6 August 2016.
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