Russia Considering To Ease Embargo On Greek Products
- by XpatAthens
- Friday, 06 March 2015
The Russian government is currently considering to loosen its embargo imposed upon European Union (EU) agricultural products from several member-states, among which is Greece, by allowing products to be processed within the country, President Vladimir Putin‘s spokesman Dmitry Peskov said earlier today.
In an interview to newspaper “Izvestia,” Peskov highlighted that under the rules of the World Trade Organization (WTO), Moscow is not entitled to completely exempt an EU member-state from sanctions against the bloc.
“There are quite straightforward rules at the World Trade Organization, and Russia, as a WTO member, cannot choose. We cannot impose sanctions against EU member-states and selectively lift sanctions on one of the countries,” the Kremlin representative said. However, as he added, the direct deliveries of agricultural products can be substituted by “imports of raw materials with an investment in Russian-based food processing facilities.”
It should be noted that earlier on February, the Russian President has declared that Moscow would be able to cooperate with Hungarian agriculture despite Western sanctions and Russian counter sanctions.
To read more, please visit greekreporter.com
By Aggelos Skordas