The Russian embargo could continue until 2018

The embargo on agricultural products could last longer than expected, according to the comments of Russian experts at the recent  World Summit Milk , held in Vilnius (Lithuania ) in September.

Experts explained that Russian farmers , supported by government subsidies , invest in new facilities and new equipment. The sector has understood that this embargo is a chance for the development of the Russian agricultural production.

Some products have much higher costs and consumption appears to be declining . But with the increase of local production and sources of replacing the embargo until August 2016, will be less and less impact on the Russian consomation and could therefore continue.

source : agriland ie