Starting Today, No More Ukrainian Food

It’s one way to start the New Year.

Today, January 1, Russia has put into law the ban of Ukrainian food, as a response to latter’s complicity in enforcing Western sanctions. In what seems to be an ever growing list of countries, Russia is determined to continue this banning of imported food. So far, as I’ve noted before, it seemed to have hurt more than helped.

However, projections predict this could cost Ukraine – a weakened country embattled in corruption and civil war – a substantial amount of money. Ukrainian Prime Minister Anrsenly Yatsenyuk believes that losses could be around $600 million, for 2016 alone.

Keep an eye out this year for how accurate those predictions are.

This entry was posted in Current Events, Russia, Ukraine and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s