The Cabinet of Ministers of Ukraine estimates potential losses from the Russian embargo on food products made in Ukraine in 2016 to 600 million dollars, said the Ukrainian Prime Minister Arseniy Yatsenyuk.
about It informs news Agency. The Cabinet of Ministers of Russia has decided from 1 January to enter the food embargo on Ukraine. It was a response to the annexation of Kiev to the European sanctions against Russia.
remember, after tripartite consultations on Association of Ukraine with the EU, held in early October, Ulyukayev said that the Russian Federation is not satisfied with the EU's proposals. He later added that the Russian Federation in connection with the signing of the Treaty of unification of Ukraine and the EU is considering imposing relative to Kiev a number of measures, as well as among them food embargo. Russia believes that the introduction of free trade regime between Ukraine and the EU Under the current free trade regime between Ukraine and Russia will create rules for unregulated re-export to the Russian Federation European products, which could adversely affect domestic production in the absence of well-conceived and well-regulated free trade regime of the EU * Russia, Moscow at the moment to enter does not want. The trade Ministers of the EU on 27 November at the meeting in Brussels will consider the possible consequences for relations with Moscow and Kiev on the introduction of a free trade zone with Ukraine, from 1 January 2016. Thus, According to the President's press Secretary Dmitry Peskov, the Russian leadership emphasized the setback in the negotiations on the consequences of the Association agreement between Ukraine and the European Union. The Verkhovna Rada of Ukraine and the European Parliament on 16 September 2014 ratified the Association agreement Kiev and Brussels, however, the use of the free trade agreement was delayed until 2016.