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Russia hits West with food import ban in sanctions row

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Waterford Bailey
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Russia hits West with food import ban in sanctions row

Postby Waterford Bailey » Thu Aug 07, 2014 6:16 am

Russia hits West with food import ban in sanctions row
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Russia is imposing a "full embargo" on food imports from the EU, US and some other Western countries, in response to sanctions over Ukraine.
Prime Minister Dmitry Medvedev said it would include fruit, vegetables, meat, fish, milk and dairy imports.

Australia, Canada and Norway are also affected.

Russia is also banning Ukrainian airlines from transit across its territory, he said in televised comments to the government.

Furthermore, the Russian government is considering banning transit flights for EU and US airlines in retaliation for sanctions over Ukraine, he said.

Barring airlines from Siberian airspace would significantly increase costs and flying time for many jets bound for Asian destinations.

EU food exports to Russia last year were worth 11.8bn euros (£9bn; $15.8bn) while US food exports to Russia were worth 972m euros (£772m; $1.3bn).

Russia was the EU's second biggest market for food exports (10% of total), after the US (13%).

Western governments accuse the Kremlin of fomenting the unrest in eastern Ukraine by supplying weapons and expertise to the pro-Russian separatists.

Last month the EU and US tightened sanctions on Russia, with Brussels applying restrictions to key sectors of the economy as well as individuals. The first round of sanctions came after Russia annexed Ukraine's Crimea region in March.
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Nervium
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Postby Nervium » Thu Aug 07, 2014 6:22 am

And your opinion OP?

Anyway, Ol' Vladdy is harming his own economy this way, most of the Russian market relies on import.
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Postby Gauthier » Thu Aug 07, 2014 6:25 am

Source?

Nervium wrote:And your opinion OP?

Anyway, Ol' Vladdy is harming his own economy this way, most of the Russian market relies on import.


Uncle Puty probably expects China, Iran and other kids from the Unpopular Crowd to pick up the slack.
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Ashmoria
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Postby Ashmoria » Thu Aug 07, 2014 6:25 am

that's a hellalotta food not being provided to the Russian people.
whatever

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Dumb Ideologies
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Postby Dumb Ideologies » Thu Aug 07, 2014 6:27 am

Putin will catch and cook bears so people do not go hungry.
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Antarticaria
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Postby Antarticaria » Thu Aug 07, 2014 6:27 am

>Doesn't Get his Way
>Starves His Own People

Wait what? :lol2:
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Zatak
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Postby Zatak » Thu Aug 07, 2014 6:30 am

Antarticaria wrote:>Doesn't Get his Way
>Starves His Own People

Wait what? :lol2:

Perfect Idea right. :lol:



Also the only source i found was from ABC.

http://abcnews.go.com/International/wir ... s-24875076
Last edited by Zatak on Thu Aug 07, 2014 6:33 am, edited 1 time in total.
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Antarticaria
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Postby Antarticaria » Thu Aug 07, 2014 6:32 am

ZATAK wrote:
Antarticaria wrote:>Doesn't Get his Way
>Starves His Own People

Wait what? :lol2:

Perfect Idea right. :lol:



Yeah Im not sure why he would do that. Thats strategically unsound and well.. stupid lol :p
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Senkaku
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Postby Senkaku » Thu Aug 07, 2014 6:34 am

And now Russia is going to starve.
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Zatak
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Postby Zatak » Thu Aug 07, 2014 6:35 am

Antarticaria wrote:
ZATAK wrote:Perfect Idea right. :lol:



Yeah Im not sure why he would do that. Thats strategically unsound and well.. stupid lol :p

Maybe china can help him.



I hope he doesn't start buying water from china.
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Zatak
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Postby Zatak » Thu Aug 07, 2014 6:36 am

Senkaku wrote:And now Russia is going to starve.

The one Russian who prepared will not but for most of them...........

Well how could this end bad.
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San-Silvacian
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Postby San-Silvacian » Thu Aug 07, 2014 6:37 am

If I ate any kind of Russian food I might be effected.

Might.
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Postby United States of Devonta » Thu Aug 07, 2014 6:37 am

The Pain... The Grief... I'm starving...Nuh JK!

Oh my Russia is hurting there own economy, This will have really no effect here in the United States, But maybe just a little in Europe. The russians will have import food to other nations to cover for this... Bad call Mr. Putin.
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Senkaku
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Postby Senkaku » Thu Aug 07, 2014 6:38 am

Gauthier wrote:Source?




Source, looks like there are plenty more too.
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Postby Zatak » Thu Aug 07, 2014 6:40 am

United States Of Devonta wrote:The Pain... The Grief... I'm starving...Nuh JK!

Oh my Russia is hurting there own economy, This will have really no effect here in the United States, But maybe just a little in Europe. The russians will have import food to other nations to cover for this... Bad call Mr. Putin.

That`s lot of food they will need to find new nations to supply.
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Postby Sandwich Territories » Thu Aug 07, 2014 6:41 am

Gauthier wrote:Source?


http://www.bbc.co.uk/news/world-europe-28687172 is the direct source for the OP, I believe.
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United Marxist Nations
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Postby United Marxist Nations » Thu Aug 07, 2014 6:44 am

Senkaku wrote:And now Russia is going to starve.

Probably not, Russia is a huge producer of food.
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United States of Devonta
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Postby United States of Devonta » Thu Aug 07, 2014 6:45 am

ZATAK wrote:
United States Of Devonta wrote:The Pain... The Grief... I'm starving...Nuh JK!

Oh my Russia is hurting there own economy, This will have really no effect here in the United States, But maybe just a little in Europe. The russians will have import food to other nations to cover for this... Bad call Mr. Putin.

That`s lot of food they will need to find new nations to supply.


Yeah probably from South America and Asia, Although they probably see a loss in profit. The worst thing that could happen is this could cause them to loose so much money there economy which is already teetering on the edge of recession will go into recession.
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Postby Ifreann » Thu Aug 07, 2014 6:45 am

Let's just see how the Russian oligarchs like it when they can't get any caviar.







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Postby Canaore » Thu Aug 07, 2014 6:46 am

"Russia, since you're a dick, we're going to sanction some of your companies and your dear leader's quasi-mafioso friends".

"Oh, yeah? Then...I'm going to stop buying food from you!".

Everyone knows how important the agricultural sector is for the American and the European economies. After all, both are backwards third world countries. My advice: just don't hurt yourself, Russia.
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Postby Zatak » Thu Aug 07, 2014 6:48 am

United States Of Devonta wrote:
ZATAK wrote:That`s lot of food they will need to find new nations to supply.


Yeah probably from South America and Asia, Although they probably see a loss in profit. The worst thing that could happen is this could cause them to loose so much money there economy which is already teetering on the edge of recession will go into recession.

The sanctions have taken a toll on Russia economically already.

This will not help at all.
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Postby Farnhamia » Thu Aug 07, 2014 6:48 am

Sandwich Territories wrote:
Gauthier wrote:Source?


http://www.bbc.co.uk/news/world-europe-28687172 is the direct source for the OP, I believe.

The NY Times has a front page article, too.

This is all well and good for Putin, makes him look like a fierce and strong leader, but if you read these articles you'll see that he can reverse the embargo if Russian food prices start to go up. Anyone wanna bet prices start going up in the fall?
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Kiruri
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Postby Kiruri » Thu Aug 07, 2014 6:48 am

This is a perfect opportunity for Latin America to increase exports to Russia :p I welcome these sanctions :lol:
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United Marxist Nations
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Postby United Marxist Nations » Thu Aug 07, 2014 6:50 am

Canaore wrote:"Russia, since you're a dick, we're going to sanction some of your companies and your dear leader's quasi-mafioso friends".

"Oh, yeah? Then...I'm going to stop buying food from you!".

Everyone knows how important the agricultural sector is for the American and the European economies. After all, both are backwards third world countries. My advice: just don't hurt yourself, Russia.

Actually, the American and EU agricultural sectors are the largest in the world iirc. Russia probably just making a threat to prevent more crippling sanctions, like a "See what we ban next time, and you may regret it".
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