The very first thing Alexander Sayapin has to say to a Western journalist who’s made a long trek out to his start-up dairy some 150 miles from Moscow? “Thank you for the sanctions.”
The sanctions Mr. Sayapin is referring to, a near-complete ban on food products imported from the European Union, were actually imposed by the Kremlin. They came in retaliation for Western sanctions leveled against Russia almost two years ago over its role in Ukraine’s crisis. But never mind.
His point is that the sudden disappearance of cheap EU dairy goods from the Russian market created an opportunity. With financing from …read more
Source: Business Insider
