Russia Orders Agricultural Import Bans in Sanction Retaliation

CompaniesRetail & Consumer ♦ Published: August 6, 2014; 18:44 ♦ (Vindobona)

Vladimir Putin signed a decree limiting or banning imports of agricultural products from countries which have imposed sanctions on Russia, the Kremlin's press service announced. It is estimated that following CEE/SEE countries will be hit by the retaliatory sanctions: Romania, Serbia, Hungary, Poland, Slovakia, Czech Republic, Slovenia, Bulgaria, Ukraine, Brussels, Croatia, Estonia, Latvia and Lithuania.

Russia Orders Agricultural Import Bans in Sanction Retaliation / Picture: © Vindobona.org

Previously Putin asked his government to come up with a list of goods to be banned for imports into Russia and to last one year.

The Russian President has banned or curbed agricultural imports from countries imposing sanctions on Russia over the crisis in Ukraine.

Last week Russia already banned many agricultural imports from Poland. Today's decree did not specify which…