EU farmers to receive €125 million in aid after Russian food import ban

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The European Commission said on Monday it will introduce support measures for certain perishable fruits & vegetables, after Russia imposed restrictions on imports of EU agricultural products.

EU Agriculture and Rural Development Commissioner Dacian Ciolo? stated that “taking into account the market situation following the Russian restrictions on imports of EU agricultural products, with effect from today, I am triggering CAP emergency measures which will reduce overall supply of a number of fruit and vegetable products on the European market as and when price pressures become too great in the coming months. All farmers of the concerned products – whether in producer organisations or not – will be eligible to take up these market support measures where they see fit. Acting early will provide an efficient support to the price paid to producers on the internal market, help the market adjust and be cost effective.”

Russia declared a one-year embargo on meat, fish, dairy, fruit and vegetables from the United States, the European Union, Canada, Australia and Norway in retaliation for Western economic sanctions over Moscow’s actions in Ukraine.

 

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