Food For Thought

From MT:
"Putin Extends Russian Food Ban in Retaliation Against Sanctions"

President Vladimir Putin has extended Russia's ban on food imports from the West by one year, longer than had been expected, in retaliation to the extension of European sanctions against Moscow over Ukraine. The ban, which prohibits most food imports from the United States, the European Union, Australia, Canada and Norway, was expected to be prolonged for six months starting from early August after the European Union extended sanctions this week. "Our reaction on the decision of our European colleagues regarding so-called sanctions … The head of the government has approached me with a letter to extend measures, which we put in place in a response to actions of our partners," Putin told a meeting of government members in Moscow on Wednesday. "... We extend our retaliatory measures for one year starting from today. I think it will be a good guideline for domestic producers," Putin said. The list of banned products, approved last year, included fruit, vegetables, meat, poultry, fish, milk and dairy, but the Agriculture Ministry said earlier on Wednesday that it was considering adding confectionery, canned fish products and flowers to the list.

It was not immediately clear if Putin had approved the expanded list.

^ While there are some food industries affected by these Russian sanctions the majority of companies have moved to new markets and left Russia in the dust. Russia needs the EU and US markets more than we need Russian markets - whether it is food, technology, etc. ^

http://www.themoscowtimes.com/business/article/putin-extends-russian-food-ban-in-retaliation-against-sanctions/524355.html