Russia may extend food embargo
Russia may extend its food embargo against Western countries for another five years, Minister of Agriculture Alexander Tkachev said on Sunday. “We would like to extend it for another five years. But even if it is lifted, nothing serious will happen,” Tkachev said, referring to the food embargo which is supposed to be lifted in late 2017. Lifting of the embargo will not have a negative impact on Russia’s agricultural market as its products are fairly competitive.