NEWS

Russia could ease imports embargo on Greek products

Russia is mulling loosening its embargo on agricultural products from some European Union countries, including Greece, President Vladimir Putin’s spokesman Dmitry Peskov has said.

In an interview with Izvestia newspaper published on Monday, Peskov said that under the rules of the World Trade Organization (WTO), Moscow is not entitled to exempt an EU member state from sanctions against the bloc.

However, he said, direct deliveries of agricultural products can be substituted by “imports of raw materials [to be processed at] Russia-based facilities.”

The Greek government has asked Russia to partially lift the food embargo it imposed in summer 2014 in response to EU sanctions, which has taken a hefty toll on exports.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.