Food Industry News

The Ministry of Agriculture is preparing to extend the prodembargo

The Ministry of Agriculture of Russia began to prepare a draft decree on the extension of the food embargo until the end of the year 2017. On Friday, May 27, the head of department Alexander Tkachev, reports TASS.

According to the minister, it is not planned to expand the list of goods subject to restrictions. "This is great news for domestic agricultural producers, it allows you to plan investments in the industry, improve the quality and competitiveness of Russian food products," the official added.

Earlier, on May 27, Prime Minister Dmitry Medvedev instructed to prepare proposals according to which Russia's response to Western sanctions would be extended until the end of 2017. The head of government explained that in this way, domestic agricultural producers will receive "a longer, far horizon of investment planning, as agrarian companies have repeatedly asked for."

The United States and the European Union countries imposed sanctions on Russia in 2014, associating them with the annexation of the Crimea to the Russian Federation, and then with the situation in the east of Ukraine. In retaliation, in August 2014, Moscow imposed a ban on the importation of products from countries that joined the sanctions. As a result of the pro-bargo, foreign suppliers have lost 9,3 billion dollars.

See also ... 22 / 06 / 2015 USDA: agrarians of Russia await extension prodembargo24 / 06 / 2015 Tkachev: Russia closes all antisanktsionnye "holes" 18 / 01 / 2016 Agriculture Ministry refuses to "Green week" 27 / 02 / 2015 Italy lost 1,25 billion euro due to the Russian embargo12 / 02 / 2016 Russia will be fed with milk and meat by 2020 10 / 07 / 2015 Tkachev allows expansion of the pro-embargo27 / 07 / 2015 Sanction products will be destroyed at the border29 / 04NXXXXXXXXXXXXXXXXXXXX Tkachev: 2015-25 years to support himself at 06% 2015 / 5 / 10 MOA: food destruction - Western practice95 / 11 / 09 Tkachev: expanding pro-embargo will not hit the market2015 / 17 / 08 Tkachev: domestic products in 2015% stores06 / 10 / 2015 Plans for the crop have ripened in the Ministry of Agriculture grain export80 / 04 / 08 AK named after N.I. Tkacheva overtook all market leaders

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