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Extension of food embargo does not change Russia’s relations with world markets - opinion

"The adopted decisions are forming a position of status quo. On the whole, they are not changing the current situation," Kudrin said

MOSCOW, June 4. /TASS/. Russia’s extension of food embargo until the year 2017 does not change the country’s current relations with world markets, Alexey Kudrin, the former finance minister and now head of the Center for Strategic Research, told reporters on Saturday.

"The adopted decisions are forming a position of status quo. On the whole, they are not changing the current situation," Kudrin said, answering a reporter’s question about influence of the food embargo on Russia’s cooperation with world markets.

In the political aspect, Russia announced it would not make a U-turn in its attitude to the embargo until the sanctions were removed from the country, he said adding Russia was easing some food restrictions, not beneficial for the country.