Tuesday, August 12, 2014
Russia: Import market will shift to Turkey and Latin America due to sanctions
Russia will import more goods from Turkey and Latin American countries such as Brazil now that it has banned most European Union and U.S. food imports in retaliation against Western sanctions over Moscow's role in Ukraine.
On Thursday, Russian Prime Minister Dmitry Medvedev announced the one-year ban on meat, fish, dairy, fruit and vegetables imports from the U.S., the EU's 28 member states, Norway, Canada, and Australia.
"We are having a meeting today with Turkey, which expressed willingness to increase supplies of vegetables and fruit," said Yulia Trofimova, a spokeswoman for Russia's food safety watchdog Federal Veterinary and Phytosanitary Inspection Service.
"Latin America — Brazil, Peru — are ready to supply substantial volumes of meat. Brazil and Chile want to supply more milk and dairy products, Ecuador wants to supply shellfish and Peru and Chile — fish," she added.
Russia has reportedly become the world's biggest consumer of EU fruit and vegetables, the second largest buyer of U.S. poultry and a major consumer of fish, meat and dairy products.
For more of the Moscow Times story: themoscowtimes.com
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