Russian embargo costs Ukraine $98 mln — Ministry of Economic Development
20.01.2016
Real losses from Russian embargo cost for Ukrainian producers $98 mln. The Minister of Economic Development and Trade Ayvaras Abromavychus informed about it.
«At the present moment Russian embargo costs for Ukrainian producers $98 mln of direct losses,» — said Abromavychus. Minister mentioned that in total Ukrainian producers’ short gain payment ranging from $420 to $600 mln as well because of tariff raising.
Let’s recall, starting January 1 Russian Federation has cut off supplies of Ukrainian goods. This embargo lasts till August 5, 2016. Besides that, country-aggressor prohibited transit of Ukrainian goods through its territory.
In reply Ukraine ban import on Russian products. Corresponding governmental decree has come into force and will function till August 5, 2016.
