Russia getting ready to extend food embargo by 1,5 year

Dmitry Medvedev assigned the government to prepare all necessary documents
Russia getting ready to extend food embargo by 1,5 year
27 May 15:15 2016 Print This Article

Russian Prime Minister Dmitry Medvedev proposes to extend Russian’s food impart ban until the end of 2017.
“I assigned (government) to prepare a proposal to extend counter-sanction measures until the end of 2017. A petition to the President will be prepared. Therefore, those who are engaged in agricultural business will have more time to plan all necessary investments, which was numerously asked  by the representatives of this sector,” he said at a meeting with the RSPP Bureau board (Russian Union of Industrialists and Entrepreneurs).

On August 6, 2014, Russian President Vladimir Putin signed a decree “On the application of certain special economic measures aiming to ensure the security of the Russian Federation” as a response to the Western sanctions which  also were aiming to support domestic market. On June 24, 2015, a President’s decree on the extension of the food embargo until August 5, 2016 was signed. At the beginning of 2016, Russia put food impart ban on many fruits and vegetables from Turkey.

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