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Friday August 8, 2014

August 8, 2014 by Graeme MacKay
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Friday August 8, 2014By Graeme MacKay, The Hamilton Spectator – Friday August 8, 2014

Russia retaliates after Canada imposes fresh sanctions, travel bans

Russian President Vladimir Putin has ordered restrictions on food imports to strike back at the U.S. and other countries that have imposed sanctions over the turmoil in Ukraine.

Saturday June 7, 2014The move came on the same day that Prime Minister Stephen Harper imposed fresh economic sanctions and travel bans on some Russian and Ukrainian individuals and groups.

The impact of Putin’s move on Canadian agricultural exports to Russia was not immediately known.

Tuesday April 29, 2014Canada exported $1.7 billion worth of goods to Russia in 2012, led by exports of food, including pork and crustaceans, according to a government of Canada report.

The Canadian Pork Council said it was monitoring the situation closely Wednesday.

Russia was expected to release a list of restricted or banned goods on Thursday.

The Canadian sanctions and bans come amid reports that Russia is massing thousands of troops along the Ukrainian border.

Wednesday, March 19, 2014The Canadian measures, aimed at some 19 people and 22 groups and banks, are similar to those imposed by the European Union and the United States a week earlier and come on top of previous sanctions by Canada.

Putin retaliated Wednesday by issuing an order that bans or restricts for a year the importation of agricultural produce, raw materials and food from countries that have imposed sanctions on Russia.

Russia was Canada’s 18th largest export destination in 2012, according to a federal government report called “Canadian Trade and Investment Activity: Canada-Russia.”

Russia is the third-largest market for Canadian pork exports, after China and the U.S.

Canadian pork producers, who have shipped $213 million worth of pork to Russia so far this year, said they’re monitoring events in Russia closely. (Source: Toronto Star)


 

This cartoon was posted to iPolitics.com.

Posted in: Uncategorized Tagged: Canada, diplomacy, Editorial Cartoon, pork, Russia, sanctions, Stephen Harper, Trade, Vladimir Putin
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