Russia retaliates against western sanctions with ban on food imports

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The burgeoning Russia-EU/US trade war looks set to impact the logistics industry even further. Today’s latest is that Russia has banned, with immediate effect, the import of fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway. The ban will last for one year ? indicating that Russia is in this for the long haul.

Russia is Europe’s second largest market for food and drink (although Russia has excluded alcohol from the ...