EU Extends Support for Farm Goods Hit by Russian Import Ban

© AFP 2022 / BELGA / NICOLAS MAETERLINCKTractors are parked around a roundabout with a fire burning in the middle during demonstration by dairy farmers on July 29, 2015 in Ghislenghien
Tractors are parked around a roundabout with a fire burning in the middle during demonstration by dairy farmers on July 29, 2015 in Ghislenghien - Sputnik International
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The European Commission extended its financial support to Europe's agriculture sector on Friday renewing benefits to farmers hit by Russia's ban on food imports from the EU.

French pig farmers estimated that due to the Russian embargo that led to the oversupply in the EU food market the pig producing industry alone lost almost a billion euros, news radio station France Info reported. - Sputnik International
When Pigs Cry: French Pig Farmers Lose Almost €1Bln Due to Russian Embargo
The new aid package will last until July 2016 and targets European fruit and vegetable producers.

"We need to continue to provide a safety net in order to give security to producers who continue to face difficulties in relation to the ban," EU Agriculture Commissioner Phil Hogan said, adding that the EC’s measures had already helped ease the negative impact of the Russian embargo.

Russia’s Agriculture Ministry earlier said it was looking for ways to extend its food import ban also to Montenegro, Iceland, Norway, Albania, Liechtenstein, Ukraine and Georgia which had previously introduced sanctions against Russia.

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