Voice of Sevastopol     
» » French Farmers Risk Losses From Russian Food Embargo

French Farmers Risk Losses From Russian Food Embargo

Author: Ayre от 27.06.2015, 05:00
(голосов: 1)
Flags of Russia, EU, France

MOSCOW (Sputnik) — Russian President Vladimir Putin signed an order on Wednesday to prolong Moscow's embargo on Western food imports, in place since August 2014, for an additional year. The move came two days after the European Union extended sanctions imposed on Russia over the Ukraine crisis.

"[French farmers’] losses would make up more then a hundred million euros, this would be a significant figure, and the compensations which the European Union pays, will not cover all the losses of farmers," Turov told RIA Novosti.


This "long-term loss" will be a hardship for French farmers, the official said, recalling that agricultural products are usually exported under long-term contracts in large amounts.


According to Turov, those seeking to invest in Russian agriculture will benefit significantly, especially those who will be dealing with agricultural processing and the production of foodstuffs.

After Crimea reunified with Russia and the Ukrainian crisis escalated in 2014, the relations between Moscow and the West deteriorated. The United States, the European Union and their allies accused Moscow of fueling the military conflict in eastern Ukraine and, as a punitive measure, imposed several rounds of sanctions against Russia.

<iframe id="twitter-widget-1" class="twitter-tweet twitter-tweet-rendered" style="max-width: 100%; min-width: 220px; margin: 10px auto; padding: 0px; display: block; position: static; visibility: visible; width: 500px;" title="Twitter Tweet" width="300" height="460" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe>

Moscow has repeatedly denied the allegations, and in August announced a one-year food embargo for certain food products originating in the states that sanctioned Moscow.

"Voice of Sevastopol" asks for help in breaking the information blockade

Уважаемый посетитель, Вы зашли на сайт как незарегистрированный пользователь.
Мы рекомендуем Вам зарегистрироваться либо войти на сайт под своим именем.
Comments: Add Comment
Would you like to leave your comment? Please Login to your account to leave comments. Don't have an account? You can create a free account now.