Analysts urge easing import bans, part of Russian counter-sanctions

 

Since Russia imposed the food embargo against the countries of the European Union (EU) and the United States, alternative importers have failed to fully substitute deliveries of certain types of goods to the country, according to the report on the food embargo’s impact on the Russian economy in 2015 prepared by an analytical center affiliated to the government obtained by TASS.

 

An embargo on imports of nuts imposed as part of Russia’s response measures to Western anti-Russian sanctions should be eased or abolished, says the report summing up the results of food embargo in 2015.

 

“The overwhelming majority of nuts cannot be grown [in Russia] given its agricultural and climatic conditions,” the chief of the center’s department for competition policy, Tatyana Radchenko explained.