Russia Announces One-Year Ban Against Imports Of Agricultural Products From Western Countries

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On August 7, the Russian Federation instituted a ban on the importation of most food products from Australia, the United States, the European Union, and Norway. The suspension of imports of meat, fish, fruit, vegetables, and milk products has been widely viewed as retaliation against the United States and the European Union for imposing sanctions on Russia for its involvement in Ukraine. In Russia, the food measures have reportedly increased food prices. While the Russian food ban is predicted to have an "insignificant" impact on the U.S. economy, there is concern that the economic impact may be more severe for certain EU member nations. The European Union has moved to compensate farmers for produce banned by Russia to offset potential damage to its agriculture sector. The full list of banned imports is available, in Russian only, here; and an August 20 list of modifications to the import ban, also in Russian only, is available here. The U.S. Department of Agriculture has provided unofficial English translations of the August 7 and the August 20 Russian announcements regarding this import ban.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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