Russian sanctions to influence on the EU economics
According to the Federal Veterinary and Phytosanitary Monitoring Service, ban on the commodities exports to Russia will significantly influence on the EU countries' economics.
The representative of the Ministry stated European countries depend on the commodities supplies to Russia. Thus, to date the European market is oversaturated due to the sanctions on commodities exports.
It was atsted that the countries like Poland and Lithuania, which supplied on the Russian market commodities at the amount of 1 bln USD, will face an impact on their economics.
At the same time, the stated countries will be able to renew their supplies on the Russian market next year when the sanctions will be canceled.
You should be authorized to post comment
Russia: no single price trend on the export wheat market
Russia harvested 37 mln tonnes of grains – Ministry of Agriculture
Russia: RUR weakness doubled the export duties on wheat — Rusagrotrans
In 2014/15 MY, Russia occupied the 6th position on the world export market of soybean oil
July 29, 16:20
Russia: Government plans to limit palm oil usage in the food industry
July 29, 10:30
Russia to reach the forecasted grain harvest volumes, despite the drought — Ministry of Agriculture
July 28, 15:05