Russian economic relations are changing

By: trademagazin Date: 2015. 11. 16. 11:35

There is still a possibility of delivering Hungarian products to the Russian market, but compared to the period before the embargo Hungary should focus on other sectors – Ducsai-Oláh Zsanett, CEO of the Hungarian National Trading House (MNKH) told Magyar Nemzet Online.

gyumolcs-zoldseg

It is known that Russia with the the embargo responded to the sanctions imposed by, the European Union. Before the measure, 3 percent of the Hungarian agricultural exports were directed to there. According to the 2013 data of the Central Statistical Office (the last year before the introduction of the embargo), out of Hungary’s Russian agricultural exports of 267 million euros the ban affected around 78 million euros. (mno.hu, Ruzsbaczky Zoltán)

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