August 15 2014, 09:36 Source: APK-Inform Views: 1474

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.


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