25 Jul 2023 16:37

Russia bans imports of finished goods made of fish and seafood from unfriendly countries - Ministry

MOSCOW. July 25 (Interfax) - Russia is imposing a ban on the import of finished goods made from fish and seafood from unfriendly countries.

The decision was approved by the government, the press service of the Russian Economic Development Ministry said. It was adopted as part of a set of response measures to actions by unfriendly countries and will be valid until the end of 2023.

The ban will enter into force 7 calendar days from the date of publication of the corresponding government decree.

Referring to information from the Ministry of Agriculture, the ministry notes that a ban on imports from the European Union, the U.S., Norway will free up certain market niches that will be filled by domestic producers. Their capacities will be able to fully meet the needs of the domestic market for similar products.

"Russian companies will have the opportunity to increase production volumes, expand their ranges and increase the number of jobs," the Economic Development Ministry said in a statement.