Rus­sia may ex­tend food em­bargo

China Daily (USA) - - BUSINESS -

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.

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