Russian import ban to have limited effect on Western food firms
date:Aug 08, 2014
look elsewhere for substitution, which in turn is likely to push up prices for Russian consumers if government does not step in, she added.

Russia's domestic food industry has grown significantly in recent years, boosted by earlier bans on U.S. meat imports over safety concerns and investment by foreign companies.

We're committed to developing local suppliers, said a spokesman for Mondelez International. In fact, over the last five years, we've doubled the share of procurement from local supp
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