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Russia Feeling Effects of Food Import Ban

September 2, 2014

The Russian government's ban on food imports from the West is already hurting Russia's economy.

According to a report in Deutsche Welle, "As a result of the embargo, the cost of food in some of Russia's regions has been rising at a record pace. Wholesale prices for chicken legs on Sakhalin Island in Russia's Far East skyrocketed by 60 percent, Russian daily newspaper Kommersant reported in mid-August, citing the region's agriculture minister, Nikolai Borisov. The cost of meat in the nearby Primorsky region rose by 26 percent, while fish prices went up by 40 percent, the report said."

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