Russia mulls embargo exemption for Greece, Cyprus, Hungary

Russia may allow around 20 firms from Greece, Cyprus and Hungary to return to its market after it orders the lifting of an embargo on European Union food imports, Interfax news agency quoted a senior official as saying on Tuesday.

Russia introduced the ban on food imports from the 28-nation EU last year in response to Western sanctions imposed on Moscow over its role in the Ukraine crisis, denying many food producers access to the large Russian market.

Sergei Dankvert, the head of Russia’s federal veterinary service, said Russia could let 15 Hungarian and a few Greek and Cypriot producers back into its market, Interfax reported.

Hungary, Cyprus and Greece, while taking part in the EU sanctions, have tried to maintain good economic and political ties with Russia and have avoided criticism of Moscow’s annexation of Crimea and its support for pro-Russian rebels in east Ukraine.


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