EC on Russian trade ban

04 Sep 2014

Following Russia’s announcement on 7 August to ban imports of certain fisheries products from the European Union, the European Commission has said that it is working closely with Member States authorities to gather evidence on the impact of the Russian trade measures in the fisheries sector and to outline the available support to the sectors affected by the ban.

In 2013, the total export value of the banned EU fisheries products was close to EUR 144 million, which represents 2% of total value of the EU's fish and aquaculture annual product.

Commissioner for Maritime Affairs and Fisheries, Maria Damanaki, has had letter exchanges with the UK authorities as well as with the Italian Presidency on the matter, and her services have been in contact with the Finnish and Danish authorities so far. The Commissioner has instructed her services to work with all Member States potentially concerned as well as with the industry in order to take into account all facts for a thorough analysis of the impact of the Russian measures.

The Commission has also advised that the European Maritime and Fisheries Fund (EMFF) can provide financial help to support producer organisations who are unable to sell their products to Russia and who could store the unsold products pending finding new market outlets. This financial support can be used by coastal Member States without a specific approval by the European Commission, and is provided to producer organisations.


Links to related companies and recent articles ...

European Commission

view more