Russia is ready to lift food embargo

Russia is ready to lift food embargo

Russian Minister of Agriculture Nikolai Fedorov declared a partial lifting of the food embargo as acceptable if the sanctions against Russia are softened. "So we expect a signal from our Western partners," he said.


"If our Western partners soften their sanctions regime against Russia, which we believe is unjustified and even illegal in terms of WTO requirements, then we will have a reason to reconsider the sanctions list of countries and products," RIA Novosti cited Fedorov.Russia imposed a food embargo against the European Union, the United States and Canada in retaliation to anti-Russian economic sanctions.The deputy dean of the Faculty of Global Economics and International Affairs of the Higher School of Economics National Research University, Andrei Suzdaltsev, told Vestnik Kavkaza that sanctions should have some restrictions - either by time or by volume. Speaking about the countries where sanctions will be lifted or softened, the expert named Hungary and Greece.According to him, "in this case, we cheer our friends in Hungary and Greece." "They need to lobby the EU decision, showing that they have a situation that gets better, their market is changing," Suzdaltsev said. He added that it would be "a sign that the story of the sanctions against Russia is ending, then Russia will work out a compromise."The assistant head of Rosselkhoznadzor, Alexey Alexeyenko, believes that the West should abandon its sanctions, or at least soften them. "So this will be a signal of the beginning of this cooperation," he explained. Also, according to the assistant head of Rosselkhoznadzor, we should make the prices more attractive to the buyer, which means to the open market. According to him, "those countries which are willing to give up trading in dollars will have benefits."

"If our Western partners soften their sanctions regime against Russia, which we believe is unjustified and even illegal in terms of WTO requirements, then we will have a reason to reconsider the sanctions list of countries and products," RIA Novosti cited Fedorov.


Russia imposed a food embargo against the European Union, the United States and Canada in retaliation to anti-Russian economic sanctions.


The deputy dean of the Faculty of Global Economics and International Affairs of the Higher School of Economics National Research University, Andrei Suzdaltsev, told Vestnik Kavkaza that sanctions should have some restrictions - either by time or by volume. Speaking about the countries where sanctions will be lifted or softened, the expert named Hungary and Greece.


According to him, "in this case, we cheer our friends in Hungary and Greece." "They need to lobby the EU decision, showing that they have a situation that gets better, their market is changing," Suzdaltsev said. He added that it would be "a sign that the story of the sanctions against Russia is ending, then Russia will work out a compromise."


The assistant head of Rosselkhoznadzor, Alexey Alexeyenko, believes that the West should abandon its sanctions, or at least soften them. "So this will be a signal of the beginning of this cooperation," he explained. Also, according to the assistant head of Rosselkhoznadzor, we should make the prices more attractive to the buyer, which means to the open market. According to him, "those countries which are willing to give up trading in dollars will have benefits."

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