Putin BANS agricultural imports from sanctioning countries for 1 year

Putin bans agricultural imports from sanctioning countries for 1 year

A one-year ban has been imposed on certain agricultural produce, foods and raw materials from countries that have sanctioned Russia. An order on economic measures to protect the country's security has been signed by President Putin. The decree “on the use of specific economic measures” has been signed in response to sanctions imposed on Russia by a number of states over the Ukrainian crisis, the Kremlin said on its website.

While the law comes into force immediately, the government has been tasked to come up with a concrete list of imports to be banned. The decree orders the Cabinet to take measures to provide a balance on product markets and prevent rapid price growth. The government has also to join efforts with manufacturers, businesses and retail store chains to increase the Russian goods supply.

I say way to go Putin! Let them choke on their sanctions

RT

a reply to: Hellas

How are we going to poison the comprehension of his people if they don't eat our dumbing down food chemistry. This is bad news for the USA.

You gotta hand it to him, thats an ace response

Just wait till winter when the Gas gets switched off.

Mr.Putin is playing this game patiently...

As expected as this was, he took his time!!!



It's a boring game they're all playing though...
People suffer, politicians gain, people lose money, politicians make money, etc...

Seems like abit of a 1 sided competition and we are all participants, not by choice!!!


Peace everybody!!!

originally posted by: Soloprotocol
Just wait till winter when the Gas gets switched off.

Nah, he won't switch it off.. He'll just raise the price

Russian ag ban worries, but won't wallop, U.S. farm equipment makers

The move is unlikely to have a big impact on the near-term financial performance of companies like Deere & Co and Agco Corp because Russia accounts for a small part of their sales.

Except those are only the big companies.
The ban would likely affect farming equipment as well as food.

Russia is not a big importer of U.S.-made tractors, harvesters and other ag implements, according to data from the U.S. Department of Commerce's International Trade Administration.

In 2013, Russian farmers purchased just $130 million of American-made ag implements, accounting for less than 2 percent of U.S. exports of farm equipment.

Seems like just a slap, it might leave a red mark and sting a little.

a reply to: Hellas

I hope he will switch it off... In a week all "political" views will disappear and Europe will obey Putin...

a reply to: eisegesis


What about the farm equipment made in Germany and the EU?

And the other agricultural products...I.e. food, grain, fertilizer, etc?

Russians might have to wait in line for beets and potatoes again, but Putin wins this hand.

originally posted by: the owlbear
a reply to: eisegesis


What about the farm equipment made in Germany and the EU?

And the other agricultural products...I.e. food, grain, fertilizer, etc?

Russians might have to wait in line for beets and potatoes again, but Putin wins this hand.

All agricultural goods produced in the US and imported into Russia will be halted for one year, the assistant to the head of Rosselkhoznadzor, Aleksey Alekseyenko, told RIA Novosti.

U.S. Companies Participating in the Russia Agricultural Trade Mission

1. Alltech, Inc.

2. Case New Holland

3. Cuba Beverage Company

4. Erie Foods International

5. Food Source, Inc.

6. Garuda International, Inc.

7. Holder Brothers Beef

8. Idaho Potato Commission

9. IMG Citrus

10. Intervision Foods

11. Landi Organic Baby

12. Missouri State University

13. Mixes, Inc.

14. Ocean Spray International Services

15. Original Juan Specialty Foods

16. Pan-European Trade Enterprises, LLC

17. Rabbit Creek Products

18. Stamey Cattle Company, LLP

19. Stunning Global, LLC

20. Thorn Creek Insurance Services

21. United Dairymen of Arizona

Russia's move to limit agricultural trade is seen as a sign the conflict with Washington is heating up. Russia imported about $1.3 billion in U.S. food and agricultural products last year, or about 11 percent of all U.S. exports to the country, according to U.S. Census data.

The full eleven percent? That might sting a little. A ban that large would not benefit either country.

Russia is the second largest importer of U.S. broiler meat behind Mexico, buying 276,100 tonnes last year, or 8 percent of U.S. exports, according to the U.S. Department of Agriculture. Russia's purchases from January through May 2014 represented 7 percent of U.S. exports.

A whopping seven percent just for beef. I guess we have no beef with Russia now and the number of slaughtered cows will be lower this year. Congratulations!

Lol Putin is going to bring Russia back to the golden and glorious age of lines,scarcity and hunger.
Good job, that'll teach the imperialists

well well the empire strikes back

now the US and EU will have to compensate the farmers...like stealing from there own pockets..
sanctions will work on an banana republics but never on an superpower..

next step will be boycot of meat...than the whole farming industry of europe is in depression...

hopefully we have an warm winter in europe !....without russian gas and oil...

the sanctions will backfire as hell !

the tactics of the burned fields is invented by Russia... and it will work out...
ask napoleon / Hitler/ ect ect...

a reply to: eisegesis


It would benefit the US consumer as prices will have to fall for food since Russian demand is removed and more sits within domestic boundaries. Or most likely, it would sit and rot rather than cut profits...

And that's just US imports...what about EU countries?

Russians are a hearty lot and have starved for less.

a reply to: the owlbear

the europeean economy is just struggling better from the depression ....it will fall back from tomorrow !

farmers and transporters will demand compensation wich will lead to higher taxes...

I expect this will be very symbolic. Russia imports 40% of its food mostly from the West. They can not make that up at home. Not only would Russia face inflation but food shortages as well. And that would be a disaster. So I expect they will pick and choose things that are not vital and mostly symbolic. What is sad is in an attempt to put some minor losses on a few companies the entire Russian nation will suffer. Unless of course this is all for show which is what I suspect.

the global warming is an benefit for Russia
now the extreme fertile permafrost in siberia is melting Russia can self supply in there food needs!
i'll bet that the EU agri country's like holland/Greece portugal/spain will stop the sanctions against Russia soon ...ore they fall in an deep ressesion again considering 40% less agra income

Yeah..erm...so let me get this straight...
Putin has decided to ultimately starve his people in order to mildly annoy some farmers outside of Russia.

And some dip-hi-s on ats think Putin is super duper clever for this move...

Interesting...but, it is politics on ATS..it never really did make a lot of sense

originally posted by: SaturnFX
Yeah..erm...so let me get this straight...
Putin has decided to ultimately starve his people in order to mildly annoy some farmers outside of Russia.

And some dip-hi-s on ats think Putin is super duper clever for this move...

Interesting...but, it is politics on ATS..it never really did make a lot of sense

Not enough hands for all the face palms..

Russia peopple won't starve bet Putin has an plan B to compensate the issue the man is no halfape as the western politics tells you ! :-)a reply to: SaturnFX