Russia extends the embargo until June 2016

In response to the extension of economic sanctions decided by the EU until 31 January 2016, Russia will extend the embargo on European food products until June 2016.

This extension of the embargo has been decided by President Putin. For his ministers, the impact of sanctions must be minimized , the oil price drop has affected the economy in larger proportions. The country " has become accustomed " to the situation and the Russian economy must adapt.

The Agriculture Minister added that these new sanctions will create conditions conducive to the development of the agro - industrial sector. Ultimately, the impact of EU sanctions will play for Russia.

source : le courrier de russie com