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KIEV, December 6. /TASS/. Ukraine will be forced to take an "adequate decision" in case Russia imposes a ban on imports of Ukrainian foods, Ukrainian President Pyotr Poroshenko said on Sunday.
"If Russia imposes sanctions, regrettably, we will be forced to take an adequate decision," he said in an interview with Ukrainian television channels. He did not say however what kind of decision it might be.
Provisions of Ukraine’s association agreement with the European Union on the formation of a free trade zone come into effect on January 1, 2016. On October 30, Russian Prime Minister Dmitry Medvedev said that Ukraine could not take part in two free trade zones concurrently - the one with the European Union and the one within the Commonwealth of Independent State (CIS).
Hence, the Russian government has decided to impose a ban on imports of Ukrainian foods from January 1, 2016. Russian Minister of Economic Development Alexei Ulyukayev said the food embargo in respect on Ukraine would be the same as the one Russia imposed on food imports from the European Union.
Ukraine’s Prime Minister Arseniy Yatsenyuk warned of a mirror response from the Ukrainian government if Russia finally imposed the food embargo.
The Kiev authorities say Russia’s food imports ban may be fraught with 600 million U.S. dollar losses for Ukraine, whereas experts say the sum may be still bigger.
Meanwhile, the Russian minister of economic development said Russia would lose nothing from its ban on imports of Ukrainian foods.