The Russian authorities are not planning to give up the food embargo. Prime Minister Dmitry Medvedev instructed to extend the food sanctions against the EU, US, Canada, Norway and Australia for another year and a half. Thus, after preparing the necessary documents and the entry into force of the new decree prodembargo end only to the beginning of 2018.
«I am instructed to prepare a proposal to extend the response is not a year, and before the end of 2017. Will prepared an appeal to the President and execute the decision of the Government the necessary decision “, -. Medvedev said at a meeting with members of the Russian Union of Industrialists and Entrepreneurs (RSPP)
His decision the Prime Minister argued the repeated speeches in support of the preservation of the food embargo on the illegal products from the Russian manufacturers
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«Those who are engaged in agricultural business, get longer, the far horizon of investment planning, – said the prime minister. – And the big agricultural companies and a relatively small will be able to calculate how and what will happen in the longer term »
As the Minister of Agriculture Alexander Tkachev, the Ministry of Agriculture has initiated the preparation of the draft resolution.. According to him, the list will not be extended, it is only for an extension of the action.
Extending the Russian embargo against the Western countries due to the recent statement by British Prime Minister David Cameron. Despite the fact that some European politicians are calling for the lifting of sanctions on Russia, G7 leaders at the summit in Japan agreed on the importance of their extension.
«Leaders of” Seven “believe that the existing sanctions should remain in force until the Minsk agreement will not be fully implemented, “- said Cameron
in 2015, against the background of Russian antisanktsy growth of domestic agricultural production amounted to 3%.. Thus, agriculture was one of the few industries that has demonstrated growth.
At the end of last year, milk production decreased by 0.03%, grain and leguminous crops fell by 0.5%. On the other hand, egg production increased by 1.6%, the open and protected ground vegetables increased by 4.2%, potatoes – by 6.8%, sugar beet – 16.5%. The Ministry of Agriculture expects that this year the growth of agricultural production can be maintained at the same level, thus improving previous growth forecast to 3% versus 0,5-1%.
To replace the fallen with imported products market ( the volume of imports fell by 33.6% in 2014, $ 26.5 billion versus $ 39.9 billion), even non-core investors have started to invest in selhozproekty. Last year, the AIC Commission was approved 292 projects for a total amount of 277.14 billion rubles
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Therefore, the farmers are afraid of lifting the sanctions. Until that raised this question on the “straight line” with Russian President Vladimir Putin, saying that if cheap foreign products will come again in the country, the producers will be “Khan»
The sanctions regime -. It is a mirror mechanism, so the government’s decision might lead to a similar step on the part of Western countries. However, unlike prodembargo European sanctions, financial, domestic companies are pleased enough.
The sectoral sanctions by the EU limited the granting of loans and the provision of investment services to a number of Russian banks. They also include a ban on the supply of arms and the export of Russian weapons, in addition to this – to provide Russian oil companies innovative technologies. The latter can be particularly painful for the Russian companies, taking into account the need for technology for deep-water drilling and oil shale production.
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