Tuesday, August 2, 2016

Losses from foreign suppliers of the Russian embargo was estimated at $ 8.6 billion – RBC

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Strany- Western suppliers lost from the product of the embargo imposed by Russia, $ 8.6 billion for 2015, the ministry estimated. In previous assessments is the sum of $ 9.3 billion

Western Suppliers lost from the product of the embargo imposed by Russia in response to international sanctions, a market in the Russian Federation by $ 8.6 billion a year. This assessment has led the Economic Development Ministry, said “RIA Novosti».

In comparison with 2013 a year (before putting the product of the embargo), in 2015, according to an analysis of imports of goods prohibited from being imported into the territory of Russia, deliveries from the USA, EU, Canada, Norway and Australia in terms of value fell by 96.5%, or € 8.6 billion (from $ 8.961 billion to US $ 312.3 million), the ministry told. In-kind food imports decreased by 98.9%, from 4.331 million tons to 46.5 thousand. T.

The Ministry of Economic Development also pointed to the existence of a large number of expert estimations volume of Russia and Western countries food losses from the embargo . “For example, it is estimated that the total amount of EU losses from the sanctions standoff with Russia – about € 40-50 billion a year – about 0.4% of the GDP of the European Union, which amounted to € 14.6 trillion as a result of 2015″, – quotes . According to the Ministry agency

at the end of May, assessment of the loss of Western countries-suppliers of the product of the embargo were cited in the report “Food of the embargo: the results of 2015″, which prepared the analytical center of the Russian government. According to him, from Western suppliers embargo lost against Western countries that have imposed sanctions against Russia because of the situation in Ukraine in the past year, $ 9.3 billion.

Food embargo Russia in August 2014 . Then, the prohibition also included meat, sausages, fish and seafood, vegetables, fruits, dairy products. In the summer of 2015 the embargo was extended for a year in connection with the extension of the anti-Russian sanctions. At the end of June this year, the embargo was extended again until 31 December 2017.

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