Russia just announced a ban on food imports from the U.S., the European Union, Canada, Australia, and Norway.
Russia is specifically banning all beef, pork, fruit, vegetable, dairy, cheese, and fish imports from the U.S. and the E.U.
The ban will last one year from Thursday.
The announcement was made by Russian Prime Minister Dmitry Medvedev in Moscow, reports Bloomberg’s Olga Tanas.
“There is nothing good in sanctions and it wasn’t an easy decision to take, but we had to do it,” said Medvedev.
In recent weeks, the U.S. and the E.U. introduced a series of economic sanctions against Russia for its involvement in destabilizing Ukraine. Sanctions were targeted at financial and energy firms.
Medvedev said Russian food producers will step up to supply the market.
Here’s the list of banned products (via Reuters):
- cattle meat, fresh, chilled or frozen;
- pork, fresh, chilled or frozen;
- poultry and its subproducts, fresh, chilled or frozen;
- all salted, dried or smoked meats;
- fish, shellfish, scallops and other aquatic invertebrates;
- milk and dairy products;
- sausage and similar meat products;
- cheese and similar products.
Read more: http://www.businessinsider.com/russia-bans-food-imports-from-eu-us-2014-8#ixzz39hn7KzuE