Manturov: the embargo against Turkey will not lead to higher prices in Russia

Manturov: the embargo against Turkey will not lead to higher prices in Russia


The trade network will have until 1 January 2016 to shift to other markets and other manufacturers, so the embargo on the supply to Russia of a number of Turkish goods will not affect food prices, said Minister of industry and trade Denis Manturov.

MOSCOW, 2 Dec. The embargo on the supply to Russia of a number of Turkish commodities as of 1 January 2016 will not affect the prices of products in shops, said the Minister of industry and trade Denis Manturov.

“I don’t think (that the embargo on Turkish goods can affect the prices of the products in Russia — ed.). Why? Because, first, it is not tomorrow, but given the month. Therefore, the products that were traditionally bought from the Turkish market, for this period of time and trading networks, and other formats of trade may shift to other markets and other producers”, — said the Minister to journalists.

Russia from January 1, 2016, prohibits the importation from Turkey of certain products; including parts of carcasses and offal of chickens and turkeys, fresh and refrigerated tomatoes, onions and shallots, cauliflower and cabbage, broccoli, cucumbers and gherkins, fresh and dried oranges and tangerines, grapes, apples, pears, apricots, peaches and nectarines, plums and sloes, strawberries.

Relations of Russia and Turkey are in crisis after November 24, Turkish F-16 shot down in Syria, the Russian bomber su-24.