21st February

Russian trade sanctions to hit Irish fish exporters

Responding to a Russian announcement of trade sanctions against EU and other countries in the agri-food sector, marine minister Simon Coveney says the move is obviously unwelcome from an Irish and broader EU perspective, but not totally unanticipated, given recent events.

"My Department is currently working to clarify the specific details of the ban. The impact on Ireland will depend both on the products covered and any knock-on effects on international market prices as banned products seek replacement markets."

Coveney

He added that while Ireland’s agri-food export trade with Russia represented less than 2.5% of total agri-food export, it very much belied the importance of this market in terms of its future potential.

"The obvious preference is for a normalisation of trade relations but these issues cannot be viewed without taking into account the overall political context. To assist companies exporting to Russia, I have asked Bord Bia to establish an advice line to make available the most up to date information for these companies."

Bord Bia’s dedicated support unit (01 6142 292) will assist companies regarding the trading situation and help to progres opportunities. While work is continuing to determine exactly what products are covered by the ban, the Minister noted that initial indications were that casein, infant formula and tea extract are not being banned.

Russia's ban is expected to last for one year and will cover imports of meat, fish, milk and milk products, fruit and vegetables from the European Union. Other countries affected include the United States, Australia, Canada and Norway.

“My Department will maintain an ongoing assessment of the situation, where intensive engagement is already ongoing with Russian authorities regarding agri-trade issues including temporary restrictions already in place on certain exports in specific sectors,” Minister Coveney said. 

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