Russian government officials have been told to draw up a list of western agricultural products and raw materials that will be banned or restricted for up to one year, according to the decree published on the Kremlin website.
In tacit recognition that Russian consumers will bear the cost of the import ban, the decree also instructs officials to come up with measures to stabilise commodity markets and prevent food price rises.
The import ban will hit all EU countries and the United States, which last week stepped up punitive action against Russia in response to Moscow's support for eastern separatists in Ukraine, unwavering despite the downing of Malaysian airliner MH17.
The Kremlin decree did not specify which foods would be affected, but an official told the newspaper Vedomosti that the list would include meat, fruit and vegetables, but not wine or baby food.
If or to what extend potatoes will be affected is not yet clear, but given recent issues observed regarding potato export to Russia, PotatoPro sees a partial or total ban as realistic scenario.
UPDATE August 7:
Link to the decree (in Russian), containing a list of affected HS codes
Products involved include: Seed Potatoes, fresh, chilled and (unprocessed) frozen potatoes, sweet potato. French fries (processed potato) are NOT included.
From other news we learned that the countries affected include Australia, Canada, European Union. Norway and the United States.
UPDATE August 7:
Link to the decree (in Russian), containing a list of affected HS codes
Products involved include: Seed Potatoes, fresh, chilled and (unprocessed) frozen potatoes, sweet potato. French fries (processed potato) are NOT included.
From other news we learned that the countries affected include Australia, Canada, European Union. Norway and the United States.
