INTERNATIONAL REGULATORY ROUND UP – RUSSIA TRADE RESTRICTIONS BLOCK CONFECTIONERY AND INGREDIENT TRADES
November 1st, 2014
DOCUMENTS obtained by Confectionery Production from the European Union (EU) indicate that Ukraine has lost up to USD126 million’s worth of confectionery export sales to Russia this year, because of Russian trade restrictions. EU briefing papers note that Ukraine has been complaining to the World Trade Organisation (WTO) since October 2013 about alleged “unjustified barriers to trade caused by the measures of the Russian Federation, in particular, on Ukrainian confectionery products.” The documents said Kiev has accused Moscow of an alleged “lack of ...
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