Gulf Air adds Moscow to its network
Gulf Air, the national carrier of the Kingdom of Bahrain announced the launch of direct services to Moscow, the capital of Russia, from 28th October 2014.
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#1 Aug 7, 2014
Russia bans agricultural products from EU, USA, Australia, Norway, Canada
Published time: August 07, 2014 08:3
Russian PM Dmitry Medvedev has signed a decree on the full ban for imports of beef, pork, poultry meat, fish, cheese, milk, vegetables and fruit from Australia, Canada, the EU, the US and Norway.
The ban will last a year, starting August 7.
READ MORE: Putin bans agricultural imports from sanctioning countries for 1 year
The Prime Minister also said Russia has stopped transit flights by Ukrainian airlines to such destinations as Georgia, Azerbaijan, Armenia and Turkey, adding that the country was considering a ban of transit flights for European and US Airlines to the Asia-Pacific region.
Western sanctions were a dead-end track, but Russia has been forced to respond to the measures taken by the western countries, Medvedev added.
Alcohol imports from both the EU and the US will not be restricted.
We are actually speaking of an embargo on imports of whole categories of products from countries which have introduced sanctions against Russian organizations and individuals, Medvedev said.
Dmitry Medvedev instructed the Federal Customs Service (FCS) to see that the banned imports could not cross the Russian border.
The Russian PM has also warned against possible attempts to use the situation to drive up prices.
"I would like to warn that attempts to gain from price speculation in this situation will be roughly stopped," Medvedev said.
The Russian PM added that Moscow still had a lot of trading partners abroad, which it had not placed on the retaliatory sanctions list.
Russias agricultural watchdog Rosselkhoznadzor has announced plans to increase imports from Chile, which could include vegetables, fruit, fish, shellfish, meat and milk.
Imports of fish, which last year amounted to 53,000 tons, may grow two or three times. Shellfish imports might increase from 3,000 tons to 15,000-20,000 tons, the watchdog said in a statement.
Medvedev said he sincerely hoped"our partners economic pragmatism will prevail over bad political decisions, and they will think before trying to frighten Russia and impose restrictions on it. And mutual trade and economic partnership will be restored in the volumes which existed before. We would have liked that to happen.
In 2013, Russia imported $6.7 billion of meat and meat products in total. The largest suppliers came from now-banned countries like Denmark (6.6% of total Russian meat products), Germany (6.4%), USA (5.3%), and Canada (3.8%).
#2 Aug 9, 2014
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