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
In March, Russia exported the record volumes of rye
On April 21, Russia purchased over 50 thsd tonnes of grains to the intervention fund
Russia: NCSP Group decreased grain shipment for exports
Russia planted spring crops throughout 4.2 mln ha
In January-February, Russia exported over 3.5 mln tonnes of grains - Rosstat
Ukraine: average selling prices for grains and oilseeds increased – State Statistics Service
Russia: Ministry of Agriculture of Russia opposes to GMOs in agriculture
In the third week of April, Russia lowered grain exports from the seaports
S&P affirmed the rating BB+ for Russia with a negative outlook