RUSSIA CONSIDERS BAN ON EU/US TEXTILE MACHINERY IMPORTS
September 1st, 2014
THE RUSSIAN government is considering imposing a ban on the imports of textile and non-wovens machinery after October 20, if the European Union (EU) and the USA further tighten their economic and diplomatic sanctions against Russia as a result of the Ukraine conflict. Moscow fears that a meeting of the EU Council of Ministers for foreign affairs on that day might authorise more punitive actions against Russia.Speaking to Russian journalists, Denis Manturov, Russia’s minister of industry and trade said last week: “Much will depend on future decisions of the ...
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