date:Aug 08, 2014
imports from the targeted countries account for less than 10 percent of production, as measured by wholesale prices, said Euromonitor food analyst Lianne van den Bos.
The restrictions were imposed on products that Russia can produce itself or is less dependent on banned countries, van den Bos said, adding that in these categories, Russia imports a lot from Latin America and Asia.
Having said that, these sanctions put pressure on local producers as well as other trade partners as Russia has to