Russian Market 'Almost Lost' for German Agriculture Due to Sanctions

© AFP 2023 / JOHN MACDOUGALL Dairy cows are milked on a rotating "milking carrousel" at the Heideland dairy farm in Kemberg, some 100km south of Berlin, on March 23, 2015
Dairy cows are milked on a rotating milking carrousel at the Heideland dairy farm in Kemberg, some 100km south of Berlin, on March 23, 2015 - Sputnik International
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Joachim Rukwied, the head of the German Farmer Union, said that German farmers have lost 600-800 million euros due to sanctions against Russia.

MOSCOW (Sputnik) — The dramatic decline in German agricultural exports to Russia due to sanctions by the European Union has led to a Russian market that is 'almost lost' for German farmers, the head of the German Farmer Union, said Wednesday.

"[Annual] Exports to Russia after the introduction of sanctions have halved to nearly 900 million euros [$980 million]," Joachim Rukwied told the Tagesspiegel daily in an interview, adding that "the Russian market, which was one of three largest, is almost lost."

Farmer's Market - Sputnik International
German Farmers Lose €600 Mln From Anti-Russian Sanctions
According to Rukweid, German farmers have lost 600-800 million euros due to sanctions.

The relations between Russia and the European Union deteriorated amid the Ukrainian crisis. The 28-nation bloc, as well as its allies, introduced several rounds of sanctions against Moscow, accusing it of meddling in Ukraine’s internal affairs.

Russia repeatedly denied the allegations, and introduced a year-long embargo on food imports from the countries that sanctioned it. The restriction was extended for another 12 months earlier this year.

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