Blog: Russia Turkey sanctions - food said to be involved
Dean Best | 30 November 2015
Putin has issued sanctions against Turkey
The Kremlin has formally outlined the sanctions Moscow is imposing on Turkey after a Russian fighter jet was shot down last week and, although specific details on the goods to be blocked has yet to be announced, food items are reportedly involved.
Vladimir Putin imposed a series of economic sanctions against Turkey at the weekend, with the measures including restrictions on unspecified imports
Moscow has yet to publish a list of the goods Turkey will not be able to export to Russia but reports today suggested food is to be affected.
Russia will ban vegetables and fruits from Turkey, Reuters reported, quoting senior government officials.
However, Russian deputy prime minister Arkady Dvorkovich has said Moscow may delay the introduction of restrictions to ease inflation in the country, which stands at over 15%.
Russia's inflation has in part been fuelled by Moscow's ban on a range of foodstuffs from markets including the US, the EU and Australia over the Ukraine crisis.
Meanwhile, a separate report from Reuters said over 1,200 trucks from Turkey carrying unspecified products have been blocked from entering the country.
The UK's competition regulator has given the all-clear to Hain Celestial's bid to buy UK food and beverage group Orchard House Foods, nine months after the US group announced the deal....
Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen....
BrightFarms has secured US$30.1m in financing to "dramatically expand" the markets it can reach with its locally grown produce. ...
As the UK starts to ponder what kind of a relationship it wants with the European Union post-Brexit, EU leaders have been lining up to warn that Britain will not be allowed to "cherry pick" deals and ...
Low food prices continue to hold back inflation rates in the UK as the supermarket price war continues in the face of rising import costs. ...
- Interview: Mondelez eyes sweet success in China
- The benefits of engaging staff in sustainability
- How food companies involve staff in sustainability
- Why Danone is withdrawing Dumex from Vietnam
- What next for Bernard Matthews? - comment
- Fonterra says value-added strategy paying off
- 2 Sisters chief Boparan buys Bernard Matthews
- B&G Foods acquires ABF's US spice business
- General Mills profit falls as sales disappoint
- Ireland unveils national plan to tackle obesity
- Global Chocolate Confectionery Overview: Challenges, Opportunities and Risks
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Global Foodservice Market 2016-2020
- Global Food and Drinks Closures: Performance and Opportunities
- Fast Food Restaurants in the US - Industry Market Research Report