13-10-2014

Russian import sanctions lead to EU market support (aid) measures

By Goran Danilovic and Pierrette Gaasbeek

    As detailed in our newsletter of September 17, 2014, the European Union ("EU") has extended the scope of the sanctions against Russia.

    In its turn, Russia enacted on August 6, 2014 Decree No. 560 prohibiting the importing of certain listed agricultural products, raw materials and foodstuffs to Russia from the USA, EU Member States, Canada, Australia and Norway, following the restrictive measures imposed on Russian legal and natural persons by those countries.

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