Food Embargo of Belarus against Western countries will damage to companies from the European Union and the United States for tens of millions of euros. Such an effect will turn out if we evaluate new Belarusian restrictions along with the already current Russian measures, told the publication “BelTA” political scientist Alexey Dzermante.
“In our market there are Western players who have serious interests here. If this is [the food embargo, introduced by Russia in 2014 – approx.” Renta.ru “] add and our sanctions, Western exporters will be cumulative damage that It will not be calculated not even dozens of millions of euros, “said Dzermante.
The political scientist also added that new restrictions will have a positive effect on Belarusian manufacturers. Having asked as an example of Russia’s experience, he is sure that the embargo for food supply from the West countries will positively affect the quality and assortment of agricultural goods of Belarus.
Embargo on food from countries where “the Belarusian authorities systematically discredit” will begin to act in Belarus from January 1, 2022. So the country responds to sanctions imposed against it – under their blow, in particular, the Aviation Company “Belavia” and manufacturers of nitrogen fertilizers.
In Russia, restrictions on food imports from Europe and the United States have been operating since 2014. In the government since then has launched a large campaign for “import substitution”, including agriculture. In December 2020, the State National Rating Agency announced the failure of the food import substitution strategy.