April 28, 2015

Russia gearing to lift embargo on Cyprus, Greece and Hungary

Moscow Cyprus held last week preliminary talks with Russia on the lifting of the embargo imposed by the latter on agricultural products from the EU.

Christodoulos Pipis of the Cyprus Agriculture Ministry Veterinary Services met with Alexey Alekseyenko, Deputy Head of the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) in Nicosia with Cyprus expressing interest in a substantial increase in the production of controlled products to supply the Russian market.

Russia and Cyprus “express hope for a fruitful cooperation in the fields of dairy, meat products, as well as production of water fisheries and aquaculture after the abolition of Russia’s restrictive economic measures imposed in response to the anti-Russian sanctions,” a Russian statement said.

Rosselkhoznadzor officials are expected in Cyprus so as to carry out inspections at plants operated by companies with an interest in exporting dairy products, fish and meat to Russia and other Eurasian Economic Union countries (Armenia, Belarus, Kazakhstan).

About 20 companies will be verified in Greece and Hungary. Cyprus has requested a delay for technical reasons and therefore, the audits began on April 27, where seven to eight companies are being checked.

Russia banned about $9 billion worth of imports of fruit, vegetables, meat, poultry, fish and dairy from the European Union, Australia, Canada, Norway and the United States in August of 2014 in response to the sanctions imposed against Russia over the situation in Ukraine.