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Response to extension: Russia to prolong food embargo 'not for a year but until the end of 2017' – Medvedev
Restrictions against countries that joined the anti-Russian sanctions will be prolonged till the end of 2017, announced Russian Prime Minister Dmitry Medvedev. He instructed the government to prepare the relevant documents.
“Our agricultural companies have repeatedly asked to continue the embargo on agricultural products from countries that had imposed sanctions against Russia or later joined them. I ordered draft proposals on extending the countermeasures not for a year but until the end of 2017,” Medvedev said while meeting with members of the Russian Union of Industrialists and Entrepreneurs (RSPP) on Friday.
The Prime Minister added that Russian agricultural companies will get an opportunity for long-term investment planning which they have asked for.
Western countries have lost around $9.3 billion since the introduction of the Russian food ban, according to a report from the Russian government’s analytical center …. https://www.rt.com/business
Source: http://luismmx.blogspot.com/2016/05/response-to-extension-russia-to-prolong.html
