Putin bans food from nations with sanctions on Russia
Published on Aug 6, 2014 11:18 PM
MOSCOW (AFP) - President Vladimir Putin on Wednesday slapped a one-year ban and restrictions on food and agricultural product imports from nations that have imposed sanctions on Russia over its defiant stance on Ukraine.
The decision marks yet another escalation in a furious diplomatic standoff that has seen Russia slip into growing international isolation and the onset of what some US media are calling a “new Cold War”.
It also threatens to send the price of Russian food soaring and feed public discontent with an economic slowdown that analysts indirectly attribute to Putin’s perceived backing of pro-Kremlin insurgents fighting government forces in eastern Ukraine.
Putin had earlier promised to shield consumers from the effects of any retaliatory steps he would take against the West for its painful new measures against Russia.
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