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6 of November, 21:00

The mayor: Riga loses income due to the deterioration of relations between Russia and the West
Riga does not receive a large income due to the deterioration of relations between Russia and the West, said the Mayor of the Latvian capital nil Ushakov.

"There is a direct loss of income, for example, associated with the fall in the number of tourists to Riga is very crucial. If previously citizens of Russia - it was 31%, currently less than 10 (per cent) ", - Ushakov said on the last working day of the week in the interview to television channel " ".

according to his statement, If we add to this the loss in exports, " when we talk about the foods that come under the embargo, hundreds of million ".

Ushakov said that Latvian politicians and officials often apply different rhetoric regarding Russia." besides this rhetoric, in my opinion, often coincides with their ascobolaceae interests, selfish interests, it does not coincide with the interests of the country ", - said the Mayor of Riga.

"But If we're talking about business and entrepreneurs, people who work in industries that are associated with the Russian market, it's all good to realize that this is extremely important to have mutually beneficial economic relations with Russia ", - noted Ushakov.

at the end of July 2014, the EU and the US said the penalties against entire sectors of Russia's economy due to the deterioration of relations between Russia and the West on the background of the conflict in Ukraine. In response Russia in the last month of the summer of 2014 limited the import of food items from countries that have imposed against her punishment, and declared the policy of import substitution. In the summer of 2015 penalties and retaliatory measures of the Russian Federation were extended for another year.

sections: Politics

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