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Banning imports of food and agricultural products from the European Union “may mean a loss of billions of euros both for European and Russian consumers”, the source said.
The European Commission will start analysing Russian ban on fruit and vegetables from the EU as soon as a full list of banned products is released.
On Wednesday, Russian President Vladimir Putin signed a decree prohibiting or limiting “certain types of agricultural products originating in countries that have decided to impose economic sanctions against Russian legal entities and/or individuals or those associated with these measures.”
Putin’s decree instructed his government to devise an action plan and draft a list of products that would be subject to the ban.