Russia has extended the embargo on EU vegetables and fruits. By presidential decree, Vladimir Putin imposed a ban on Western food until December 31 next year in response to the sanctions imposed by the European Union, the United States and other countries in 2014 for their involvement in the conflict in eastern Ukraine.
This time, Putin has extended the embargo on the West just hours before attending the G20 summit, stressing the need for joint efforts to combat COVID-19 and its impact on the world economy.
How Romania was affected by the Russian embargo
Romania dealt with some severe problems after the Russians announced their decision 6 years ago. Due to the embargo imposed by Russia, the Romanian fruit and vegetable sector was also affected by the fact that countries that previously sold on the Russian market turned to the Romanian market.
Countries such as Poland, Hungary and Moldova, now compete with Romanian producers to sell their products in major retail stores in the country. In fact, FANATIK already addressed in the past how Romania came to import many tons of apples, even though it was considered a top producer.
In 2015, Romanian vegetable and fruit producers even received compensations from European Union funds to cover the market withdrawal, non-harvesting and harvesting before ripening of 3,000 tons. The decision came following the embargo of the Russian Federation.
Republic of Moldova, a basic partner in the past
Russia used to be a big destination for Moldovan export partners, but everything changed in 2014, when Russia introduced import tariffs and an embargo on several Moldovan products, citing their poor quality.
In reality, the specialists from the Prut, but also those from the European Union, say that it was just a response to the signing by the Republic of Moldova of the Association Agreement with the EU.
In fact, the share of exports to Russia was severely reduced and it did not take long for Moldovan entrepreneurs to start looking for other business enthusiasts. The European Union became the main market for Moldovan products and has remained so for several years.