Putin banned food imports from countries that have adopted sanctions against Russia

[vostok]

Full version:
MOSCOW, August 6 (RIA Novosti) – Russian President Vladimir Putin signed a decree Wednesday banning imports of agricultural products from countries that imposed sanctions on Russia for one year, the Kremlin press service said.

The decree «prohibits or limits foreign trade operations to import to the Russian Federation certain types of agricultural products, originating from a country that decided to impose economic sacntions against Russian legal entities and/or individuals or those that joined these measures.»

The president tasked the government with compiling a detailed list of products that would be banned.

The Kremlin said document was signed «in order to protect national interests of the Russian Federation» and comes into force immediately after being signed. The decision could be reviewed.

Putin has ordered the government to adopt measures together with national producers and retail networks to increase the share of domestically produced goods, the Kremlin said.

Earlier this week, Russia’s Deputy Prime Minister Dmitry Rogozin, in charge of the defense industry, said Moscow should respond to the Western sanctions with “full import replacement.”

The European Union, the United States, Canada and Japan have compiled sanctions lists against Russian companies, banks, politicians, freezing their bank accounts, banning them entry and refusing to buy Russian goods. The move has been linked to the ongoing conflict in Ukraine.

Moscow has repeatedly denied all the allegations saying it never interfered with the Ukrainian internal affairs and stressed that the sanctions policy was unacceptable and counterproductive.
Moscow Retaliates Against Western Sanctions With Bans on Agricultural Imports | Politics | RIA Novosti

 

[vostok]

MOSCOW, August 7 (RIA Novosti) — The Russian government published Thursday the list of agricultural products banned for import for one year from countries that imposed sanctions on Russia, it includes meat, poultry and milk products as well as fruits and vegetables.

"The restrictions are imposed for one year starting from today, but if our partners demonstrate a constructive stance on issues of cooperation, the government is ready to review the terms of these restrictions," Russian Prime Minister Dmitry Medvedev said.

Imports of agricultural products will be banned from the U.S., the EU, Canada, Australia and Norway.

The embargo does not include infant foods and goods.

Medvedev said that attempts to make money on the import ban would be severely handled by Russian trade and agriculture watchdogs.

"I would like to warn everyone that attempts to scalp to make money on this situation will be handled severely," the prime minister said.
Russia Bans Meat, Milk, Cheese, Vegetables From Countries That Sanctioned Russia | Russia | RIA Novosti

 

[senheiser]

funny thing is japan and switzerland arent involvent. They were really smart and made the least amount of sanction possible to satisfy EU and US and they arent included today. On the other Hand canada, Australia and Norway are complete fools. Especially Australia, they arent europe and they arent G7 and made the same sanctions. Just shows what an American puppet they are.

 

[invinciblesgunner]

This cold war all over again. Russia against the west, but russia needs to revive the Warsaw pact

 

[My-Analogous]

Why the doom and gloom?

Economically speaking, Russia is basically nothing. The only part that might hurt is if they shut down the gas exports - but even that won't happen any time soon since they are even more dependent on those exports than the EU is.
And if it does happen, it will be 3-5 years in the future when new transit pipes are build (if they're build, that is) towards China. By that time EU would have already moved to alternative sources, so it's irrelevant.

Anything else is hot air and nothing more than a pinch towards the EU - well offset by the need to stop Russian expansions & the need to contain Russia and exclude any influence they might have in the Black Sea region.

You guys should get used to it, sanctions will continue, Ukraine will be lost and Russia isolated. I think that the western world has reached a conclusion: Russia can't be viewed as a reliable partner, therefore...

Right now EU is in economic crisis not Russia and if gas hit Russia then i will be deadlier to EU

 

[Declein]

Right now EU is in economic crisis not Russia and if gas hit Russia then i will be deadlier to EU

Yes, and? Russia has what, 70% of all imports based on natural resources?

Go look at the economical situation of EU and that of Russia - EU can, easily, be in recession for the next decade and Russia won't ever come close.

 

[pakdefender]

Pakistan should work on increasing agricultural trade with Russia , win-win for both

 

[Vassnti]

On the other Hand canada, Australia and Norway are complete fools. Especially Australia, they arent europe and they arent G7 and made the same sanctions. Just shows what an American puppet they are.

Spoken like Vyshinsky perhaps the 28 Australians on MH 17 is why they are involved not any relationship with the US?

but on topic


"Well, no, no one is going to blame Brussels for their woes. And there aren’t going to be all that many people claiming such woes either. These Russians seem to not realise quite how large the European Union economy is. Which is, in annual GDP, around and about $15 trillion. Meaning that $16 billion is some 00.1% of that entire economy. It’s not just that that’s a trivial portion of the economy it’s actually smaller than the error bars we use when we measure the economy. Quite literally we would not be able to see the effect of Russia’s ban on EU food imports in the general economic figures for the entire continent. The EU economy is between 6 and 7 times the size of Russia’s own economy. This sort of amount of trade disruption just isn’t important in the larger scheme of things.
The second error is that they don’t seem to realise that the supply of food is highly inelastic in the short term and food is also largely fungible. The first piece of jargon there means that China, or Brazil, or Krasnoyarsk, wherever Russia is going to try and get the food they’re not going to get from the EU, cannot increase the supply of food in the short term. It all simply takes time to produce. The second piece of jargon means that if, say, Brazil sends apples to Russia then that leaves room in the global marketplace for Poland to send apples to, to wherever it was those Brazilian ones were originally going to go. The ban on imports of EU food into Russia doesn’t mean that the food will simply rot. Instead it means that there will be a shake up of trade patterns but largely the same amount of food will still be produced and also eaten, just specific types and production from specific areas will be consumed by different people."

The Quite Hilarious Russian Propaganda About The Ban On EU Food Imports - Forbes

I just hope the crazy idea of banning food imports doesnt hurt the people of Russia

 

[senheiser]

Spoken like Vyshinsky perhaps the 28 Australians on MH 17 is why they are involved not any relationship with the US?

but on topic


"Well, no, no one is going to blame Brussels for their woes. And there aren’t going to be all that many people claiming such woes either. These Russians seem to not realise quite how large the European Union economy is. Which is, in annual GDP, around and about $15 trillion. Meaning that $16 billion is some 00.1% of that entire economy. It’s not just that that’s a trivial portion of the economy it’s actually smaller than the error bars we use when we measure the economy. Quite literally we would not be able to see the effect of Russia’s ban on EU food imports in the general economic figures for the entire continent. The EU economy is between 6 and 7 times the size of Russia’s own economy. This sort of amount of trade disruption just isn’t important in the larger scheme of things.
The second error is that they don’t seem to realise that the supply of food is highly inelastic in the short term and food is also largely fungible. The first piece of jargon there means that China, or Brazil, or Krasnoyarsk, wherever Russia is going to try and get the food they’re not going to get from the EU, cannot increase the supply of food in the short term. It all simply takes time to produce. The second piece of jargon means that if, say, Brazil sends apples to Russia then that leaves room in the global marketplace for Poland to send apples to, to wherever it was those Brazilian ones were originally going to go. The ban on imports of EU food into Russia doesn’t mean that the food will simply rot. Instead it means that there will be a shake up of trade patterns but largely the same amount of food will still be produced and also eaten, just specific types and production from specific areas will be consumed by different people."

The Quite Hilarious Russian Propaganda About The Ban On EU Food Imports - Forbes

I just hope the crazy idea of banning food imports doesnt hurt the people of Russia

Polish deputy PM says Russian food ban will cut GDP growth

Russia ramps up trade war with ban on Western food - Telegraph

russia wont import more food, we will make our own and replace it, i can also play with numbers like a retard. Its may 00.1% of eu economy but its 0.86% of total EU exports

 

[notgoodenough]

Haha. You have no idea what you are talking about.

Spoken like Vyshinsky perhaps the 28 Australians on MH 17 is why they are involved not any relationship with the US?

but on topic


"Well, no, no one is going to blame Brussels for their woes. And there aren’t going to be all that many people claiming such woes either. These Russians seem to not realise quite how large the European Union economy is. Which is, in annual GDP, around and about $15 trillion. Meaning that $16 billion is some 00.1% of that entire economy. It’s not just that that’s a trivial portion of the economy it’s actually smaller than the error bars we use when we measure the economy. Quite literally we would not be able to see the effect of Russia’s ban on EU food imports in the general economic figures for the entire continent. The EU economy is between 6 and 7 times the size of Russia’s own economy. This sort of amount of trade disruption just isn’t important in the larger scheme of things.
The second error is that they don’t seem to realise that the supply of food is highly inelastic in the short term and food is also largely fungible. The first piece of jargon there means that China, or Brazil, or Krasnoyarsk, wherever Russia is going to try and get the food they’re not going to get from the EU, cannot increase the supply of food in the short term. It all simply takes time to produce. The second piece of jargon means that if, say, Brazil sends apples to Russia then that leaves room in the global marketplace for Poland to send apples to, to wherever it was those Brazilian ones were originally going to go. The ban on imports of EU food into Russia doesn’t mean that the food will simply rot. Instead it means that there will be a shake up of trade patterns but largely the same amount of food will still be produced and also eaten, just specific types and production from specific areas will be consumed by different people."

The Quite Hilarious Russian Propaganda About The Ban On EU Food Imports - Forbes

I just hope the crazy idea of banning food imports doesnt hurt the people of Russia

 

[Vassnti]

Haha. You have no idea what you are talking about.

If you bothered to read what was written and follow the link to the complete article you would see that it is not written by me but by Tim Worstal from the Adam Smith Institute

The Adam Smith Institute is one of the world's leading think tanks. Independent, non-profit and non-partisan, it works to promote libertarian and free market ideas through research, publishing, media commentary, and educational programmes. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom.

Your free to try and say they dont know what they are talking about if you like but i think most here would find the opinion of senior economists carries a litte more weight than people who start posts with haha

 

[angeldude13]

In fact it was our own fault for being weak. The Century of Humiliation was our own doing.

This is a cruel world, full of suffering.

If you are weak, then others will come to butcher you.

The lesson is, don't be weak. Peace is maintained through strength.

Did you learn this from some budhist text???

There is a verse in bhagvad gita which means exactly the same you've said.
Always have power to crush your enemies and only then you can have peace...

 

[Beast]

Russia shall cut off gas to europe and see whos the boss.

 

[notgoodenough]

Your huh? Maybe you mean you're? These economists ( economists in general really ) have no idea what they are talking about. Or didnt you get the memo. Economists are paid shills btw. Maybe you are too? Or just not very bright?

This is going to cost the eu over a trillion.

World War on Russia’s Mind When U.S. Duels Over Ukraine - Bloomberg

If you bothered to read what was written and follow the link to the complete article you would see that it is not written by me but by Tim Worstal from the Adam Smith Institute


Your free to try and say they dont know what they are talking about if you like but i think most here would find the opinion of senior economists carries a litte more weight than people who start posts with haha