'Made in Italy' food exports to Russia have lost over 1.3 billion

Published 2021년 3월 3일

Tridge summary

The article highlights the significant financial loss, exceeding 1.3 billion, incurred by Italian agri-food exports to Russia over the past six and a half years due to the ongoing embargo, initially imposed in 2014 as a response to EU sanctions. This embargo has severely impacted a wide range of Italian products, including dairy, meat, and produce, leading to the cessation of exports and creating challenges for Italian businesses. Additionally, the article brings attention to the issue of counterfeit Italian products in the Russian market and the adverse effects on the Italian hospitality sector in Russia, where Italian ingredients are crucial. The article calls for a resumption of dialogue to address these issues, emphasizing the need to protect the economic, employment, and environmental stability of Italy amidst the challenges of the coronavirus pandemic and the embargo.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Made in Italy agri-food exports to Russia have lost over 1.3 billion in the last six and a half years due to the embargo decided by Putin which still affects an important list of European products with a ban on the entry of fruit and vegetables, cheeses , meat and cured meats, but also fish, as a retaliation for the sanctions of the European Union. This is what emerges from an analysis by Coldiretti in reference to the announcement that Russia will respond to the new sanctions for the Alexei Navalny case "on the basis of the principle of reciprocity", but the reaction "will not necessarily be symmetrical. Agribusiness - explains Coldiretti - it is the only sector still directly affected by the embargo decided by Russia with decree no.778 of 7 August 2014 for the crisis in Ukraine and repeatedly renewed which led to the complete elimination of exports to Russia of the products present in the black list, from Parmigiano Reggiano to Grana Padano, from Parma ham to San Daniele ham, ...
Source: Agricolae

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