Foreign trade restrictions caused 6.3 billion USD loss to Russia

By: Trademagazin editor Date: 2019. 02. 19. 11:00

There are 159 trade restrictions in 62 countries against Russia, which resulted in a 6.3 billion USD loss in exports in 2018 – the Russian Ministry of Economic Development announced on Tuesday.

The restrictions mainly affect the export of steel and grain. According to the report compiled by the experts of the ministry, the restrictions include anti-dumping duties, licensing, quotas, technical barriers, veterinary and phytosanitary measures alongside various sanctions. (MTI, Pogár Demeter)

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