The United States, the European Union, Canada, Norway and Australia lowered goods export to Russia because of the food embargo to the amount about $8.6 bln in 2015, press service of the Russian Ministry of Economic Development said on Tuesday.

 

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“Analysis of import of goods banned for import to Russia in 2015 showed the decline of supplies from the US, EU, Canada, Norway and Australia relatively to 2013 by 96.5% or $8.6 bln in value terms and by 98.9% or 4.3 mln tonnes,” the ministry said.

 

A similar situation was in January – May 2016 relatively to the counterpart period in 2013 [prior to food embargo introduction – TASS], when import of banned products fell by 96.6% or $3.5 bln, the ministry reported.

 

Russian import from Albania, Montenegro, Iceland and Liechtenstein subjected to restrictive measures from August 2015 declined on an annualized basis by 85.8% or $91.3 mln in August – December 2015, the ministry said.

 

Russia’s Prime Minister Dmitry Medvedev instructed to prepare a document stipulating extension of food embargo until the end of 2017.