Russia Expands Banned Food List

Russia, which has been destroying brie and other banned Western foods, may have to rev up the bulldozers again to keep pace with a growing list of prohibited imports.

On Thursday, Moscow added more items to the list of banned food and agriculture products from the five counties that support Western sanctions on Russia over its involvement in the crisis in Ukraine: Albania, Montenegro, Iceland, Liechtenstein and Ukraine.

The embargoed products include meat, fish, milk and dairy products, fresh fruit and vegetables and other raw produce.

“Everyone who applies sanctions against us must face the appropriate responses, food embargo,” Russia’s Deputy Prime Minister Arkady Dvorkovich told reporters in Moscow.

via CNN

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza