From 1 January Russia to protect its market for Ukraine introduces customs duties and food embargo, suspension of the FTA. In response, the Ministry of economic development of Ukraine has proposed to the Cabinet of the country to impose an embargo on some Russian goods.
MOSCOW, 30 Dec. Russian farmers will not be affected much in case of a total ban of supplies of Russian agricultural products in Ukraine, said first Deputy MAYOR of the Russian Federation Alexey Likhachev.
“If Ukraine will completely close the Russian export of agricultural products, in my opinion, this is some fundamental consequences for the Russian producer of agricultural products shall not be”, — he told in interview to TV channel “Russia 24”.
Likhachev noted that this year export of the Russian Federation to Ukraine “at the most optimistic estimates” amount to 450-480 million dollars, with much of it being in the South-East of the country. “Therefore, the restrictions introduced by Kiev in the Russian selhozgodu, overall Russian exports will not be affected significantly,” noted he, adding that in the product line of Russian exports is dominated by tobacco, tobacco products, alcoholic beverages, confectionery and meat products.
“Of course, the substitution of Kiev in the main part of Ukraine our part of export to the Russian exporter will not be as noticeable. I want to say that for the last 1.5-2 years we have significantly increased exports in General. Almost close to 20 billion dollars of exports of agricultural products”, — said Likhachev.
Russia from 1 January to protect its market for Ukraine introduces customs duties and food embargo, similar to that which acts against the countries that supported anti-Russian sanctions. In addition, Russia suspends Ukraine to the Treaty on the CIS free trade zone.
In turn the Ministry of economic development of Ukraine on Tuesday proposed to the Cabinet to suspend the country from January 2, the action of a free trade zone with Russia within the CIS, and also to impose an embargo on some Russian goods from January 10.