The European Commission today (18 August) announced that it will provide support for European food producers who have been affected by Russia’s ban on imports of agricultural products.
A total of €125 million will be available to producers, allowing the removal of some surplus products from the market, which are then distributed free, with farmers being compensated. The aim is to keep prices relatively stable. The measures will apply until the end of November.
Russia announced an import ban on food products from the EU and the US on 7 August in response to the sanctions imposed on it because of its …read more
Source: European Voice
