Bulgaria’s food industry has suffered an estimated BGN 12 M (EUR 6 M) in damages as a result of Russia’s ban on food imports from the EU, Agriculture Minister Desislava Taneva has said.
Speaking at an industry conference in Sofia, Taneva said on Monday the restrictions have led to oversupply and falling prices for agricultural produce across the EU. In Bulgaria, producers of meat, milk and dairy products have been hit particularly hard.
She had said earlier Bulgaria’s estimated damages from the trade ban could reach EUR 10 M. The ban was imposed in August last year in response to sanctions against …read more
Source: Novinite
