The canadian Finance Minister Joe Oliver has admitted that the anti-punishment affected the economy of his country, informs.
According to the canadian bureaucrat, Western European countries having trade Relations with Canada, has experienced the harm imposed economic penalties against Russia, and This, for its part, could not be reflected negatively on canadian trade with EU countries.
"I think the overwhelming number of European countries have already realized the negative impact of anti-Russian sanctions on the European economy. This influence is rather indirect (on the canadian economy - approx. Ed.), but when growth is slowing down, the world's largest economies with a GDP of 17 billion dollars (the EU economy - approx. Ed.), naturally This has a direct impact on our trade Relations with the EU, " said Oliver.
Relations between Russia and the West deteriorated in connection with the situation in Ukraine. At the end of July 2014, the EU and the US from point penalties against private individuals and organizations have moved to the measures against entire sectors of Russia's economy. In response, Russia restricted imports of food items from countries that have entered against her punishment: USA, EU, Canada, Australia and Norway. A ban were beef, pork, poultry, sausages, fish, vegetables, fruits, dairy products and several other products.