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Crimea risks losing 35% of export market on EU sanctions

However, the region's Ministry of Economic Development hopes exports can be reoriented to the Middle East, China, India, Turkey, Azerbaijan and other countries, “where Crimean goods are in demand”
At a production plant in Crimea (archive) ITAR-TASS/Anatoly Morkovkin
At a production plant in Crimea (archive)
© ITAR-TASS/Anatoly Morkovkin

MOSCOW, July 02. /ITAR-TASS/. European Union’s ban on imports from Crimea will have an adverse effect on the republic’s economy, as the share of exports to the EU exceeds 35% for some companies. The region’s Ministry of Industrial Policy reported this to ITAR-TASS.