Tuesday, June 19, 2018

Under Russian embargo hit almost

Under the Russian embargo hit almost half of all EU agricultural exports, which is estimated at 5 billion euros - EC

BRUSSELS, September 3. / Corr. ITAR-TASS Asya Harutyunyan, Denis Dubrovin /. The European Commission has estimated at 5 billion euro volume of agricultural exports, which fell under the Russian embargo. This was stated by the European Commissioner for Agriculture and Rural Development Dacian CioloĊŸ.

"The Russian embargo has affected 4.2 per cent of total exports / 28 countries / EU. This is slightly less than half of all our exports to Russia. Total cost / volume of this / is estimated at 5 billion euros"- Ciolos said.

According to him, Russia is the second largest importer of EU agricultural products. "We export to Russia 10 percent of our entire agricultural production. The embargo severely affected, in particular, the sector of fruits and vegetables. 29 percent of all fruits and vegetables came from the EU to Russia. Additionally, substantially hooked and dairy sector - 32 percent and 28 percent cheese oil"- Ciolos said.

The European Commission has adopted today a decision to allocate an additional 30 million euros to support agricultural producers in connection with a food embargo Russia, said the European Commission / EC /.

Additional funds have been allocated for the expansion of the financial base of the programs of the common agricultural policy of the EU. "These programs are the EU agricultural policy tool to overcome the difficulties on the market as a result of the Russian embargo. They will help manufacturers to find new trading partners within and outside the European Union"- said the European Commissioner for Agriculture Dacian Ciolos.

According to him, 30 million euros - this is only half of the additional funding for the program in the framework of the common agricultural policy. "These programs are co-financed by the European Commission and the private sector, that is, we are talking about 30 million euros from the European Commission and a further 30 million euros from the private sector on an annual basis"- said Ciolos.

"The European Commission quite optimistic about the development of the situation. We have quality products, and if Russia does not want to buy it, we will find new buyers", - he said.

The European Commission announced on August 11 on the allocation of 32.7 million euros to support European producers of peaches and nectarines, and 25 August - 125 million euros for fruit and vegetable producers.

At the same time, according to experts, the potential for damage to the European agricultural exports from the Russian counter-measures may amount to more than 7 billion euros.

Russia August 7 introduced a response packet to the sanctions of the US, Australia, Canada, the European Union and Norway. Retaliatory sanctions are a ban for one year on imports to Russia from the countries of fruit, vegetables, dairy and meat products. Under the restriction does not hit some types of final products from the meat / sausage except / and fish. According to the Federal Customs Service, the total import "banned" food from these four countries and the EU amounted to about 2013 about 9.1 billion dollars.

According to European Commission data, in 2013 the volume of export of agricultural and food products from the EU countries increased by 5.8 percent - up to 120 billion euros.

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