Russian defense contractor delivers second regiment set of S-400 missile systemsMilitary & Defense October 23, 12:04
Italy's Veneto to fight against sanctions policy towards RussiaWorld October 23, 10:33
Cyprus expects to increase tourist flow from RussiaBusiness & Economy October 23, 9:54
Japanese PM Abe preparing for new meeting with PutinWorld October 23, 8:42
Former Argentine president to become senatorWorld October 23, 4:19
Coalition wants Raqqa to be a Syrian center beyond Assad’s control — Russian senatorRussian Politics & Diplomacy October 22, 14:22
Putin notes dynamic development of political dialogue between Russia, KazakhstanRussian Politics & Diplomacy October 22, 12:09
Russian Defense Ministry compares US coalition bombing of Raqqa to destruction of DresdenMilitary & Defense October 22, 9:56
NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
RIGA, March 18. /ITAR-TASS/. European Union sanctions against Russia threaten large-scale damage for Latvian freight carriers and their cargo transport links with Russia, said Valdis Trezins, head of Latvian haulage association Latvijas Autozins speaking to Open City magazine.
Trezins noted that Latvian hauliers will be the first to feel the effect of EU sanctions against Russia.
“Sanctions will affect cargo flow at ports. The first signs have been seen in Klaipeda already," Trezins said. "We can feel lower trade activity with Russia. If the situation continues and if it is caused by sanctions, it will be a great shock for us as 70-80% of our transportation is focused on Russia."
“We are witnessing less cargo flows between Latvia and Russia, Latvia and Ukraine as well as transit shipments. Russian cargo owners are less active now,” he added. “It is impossible to forecast how long it will last. Our freight carriers are informing us about emerging problems with rolling stock," Trezins concluded.