Expert warns US may quit arms reduction treaties, resume nuclear tests under TrumpWorld February 28, 17:45
Ex-Finance Minister Kudrin says oil price may slide below $55 per barrel in year’s timeBusiness & Economy February 28, 17:31
Russian Bandy Federation penalizes two clubs for bizarre own-goals matchSport February 28, 17:31
Two lion cubs discovered in Moscow’s industrial districtSociety & Culture February 28, 16:55
Russian senior diplomat calls on nuclear powers to strengthen cooperationRussian Politics & Diplomacy February 28, 16:44
Russian diplomat points to possible ways of improving relations with USRussian Politics & Diplomacy February 28, 16:24
GLONASS terrestrial station goes live in South AfricaScience & Space February 28, 16:19
Russia has no plans to change new START Treaty — diplomatRussian Politics & Diplomacy February 28, 16:10
Putin stresses Russia never interferes in other countries’ domestic policyRussian Politics & Diplomacy February 28, 15:36
ROME, December 29. /TASS/. Italian companies want to cooperate with Russia despite the EU food import ban which the country imposed in August, Russian Trade Representative to Italy Igor Karavayev told PRIME on Monday.
“Though it may seem a paradox the introduction of sanctions and an embargo in response has strengthened the realization that Italy and Russia need each other, that we cannot lose that large-scale trade, economic, investment, industrial and technological partnership which has united the two countries for a long time,” Karavayev said.
Russia’s food embargo will incur €200 million annual losses to Italian farmers, Karavayev said, citing data provided by Italian agricultural association Coldiretti.
Shoe makers also sustained losses because Russian retailers’ orders fell 20% in January-August, and they shrank even 40% on the year in April-June in monetary terms, Karavayev said, citing data of national shoe-makers’ association ANCE.