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Greece Looking to Overcome Drawbacks in Russia’s Food Embargo

© AP Photo / Antonis NikolopoulosImmigrant workers walk at a strawberry plantation near the village of Manolada about 260 kilometers (160 miles) west of Athens
Immigrant workers walk at a strawberry plantation near the village of Manolada about 260 kilometers (160 miles) west of Athens - Sputnik International
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Christos Staikos, the president of Enterprise Greece investment promotion agency, said that Athens realizes that Russia cannot make an exception for any individual EU country.

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ST. PETERSBURG (Sputnik), Anna Liatsou — Athens is looking for creative ways to deal with the negative impact of the food import ban that Russia imposed in response to Western economic sanctions, Christos Staikos, the president of Enterprise Greece investment promotion agency, told Sputnik Wednesday.

Last summer, Moscow hit back at Western economic sanctions by prohibiting the import of many food products from the European Union and the United States. Russia estimates that EU members states lost about $45 billion in 2014 due to the restrictions, and will lose even more in 2015.

Staikos, who leads the Greek business delegation at the St, Petersburg International Economic Forum, which kicks off Thursday, said Athens realizes that Russia cannot make an exception for any individual EU country. He stressed that the negative consequences of the food embargo are "obvious on both sides."

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"Building on the rich record of cooperation between Greek and Russian companies, we look for creative ways to deal with those negative results and help rebuilding the extremely important relationship between Russia and the EU," Staikos said.

"Two of the biggest Greek meat processing companies, one dairy company, two export-oriented trading fruit companies and one cooperative union of fruit producers will join SPIEF 2015 in order to explore new co-operation and strengthen existing relations with Russian and other international companies," Staikos also said.

Staikos noted that the Greek companies participating in the St. Petersburg forum, due to kick off Thursday, would look "to build stronger relationships with major players in the local food market."

Greek top-level officials, including Prime Minister Alexis Tsipras, have repeatedly said that Athens does not support the sanctions imposed on Russia by the European Union. According to Tsipras, Greece has raised the issue of anti-Russia sanctions at various EU summits.

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