President Vladimir Putin said the food import ban is good for Russia’s economy and should last “as long as possible.”
According to Mr Putin the ban is also in the consumers’ interest, with good quality products at lower prices becoming more available.
“The consumer is interested in receiving good quality goods for the lowest possible price, so we have to create competitive conditions. Consumers agree with that even more than producers…and I can tell you a secret that we will prolong it [the ban] as long as possible,” Vladimir Putin said at the “Action Forum” of All-Russia People’s Front on Tuesday, adding that Russia’s gross domestic product is expected to contract by 0.3% in 2016, however, agriculture will expand by 3%.
Russia banned imports of certain foods from a number of Western countries following the anti-Russia sanctions introduced in 2014 over the Ukrainian crisis and Moscow’s alleged role in it.
In June, the Russian president signed a decree prolonging ban on certain agricultural products, raw materials, and food imports from some Western countries until the end of 2017.
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