Embargo

Bulgarian milk producers have threatened protest action on March 24 over the farmgate prices of their produce which they see as too low, BGNES reported on Monday.

Meeting in Stara Zagora, in southern Bulgaria, milk producers have also asked the prosecuting authorities to launch a probe of a suspected cartel agreement among milk processing factories.

Ever since economic sanctions against Iran were officially lifted in mid-January, you could see this mood of overriding joy among the business community.

Russia will ban imports mainly of agricultural products, vegetables and fruits from Turkey and may extend its sanctions, if necessary, senior officials said during a meeting of the Russian government.

Moscow may delay for a few weeks the embargo on food imports so as to minimize inflationary pressures, said Deputy Prime Minister Arkady Vladimirovich Dvorkovich.

Russia’s Deputy Prime Minister Arkady Dvorkovich met with the leadership of the Greek Agricultural development and foods ministry, including Minister Vangelis Apostolou, and talked about the Greek exports and the Russian embargo.

The United States on Aug. 19 circulated a draft UN Security Council resolution proposing an arms embargo and targeted sanctions against South Sudan if President Salva Kiir refuses to sign a peace accord ending the country's civil war.

Moscow has added five European countries to its food imports ban list introduced in response to Western sanctions against Russia over the crisis in Ukraine.

"Those countries are Albania, Montenegro, Iceland, and Liechtenstein, as well as Ukraine under certain conditions," Russian Prime Minister Dmitry Medvedev said during a cabinet  meeting on Thursday, according to RIA Novosti.

Total Serbian exports to Russia in the first six months of 2015 were 33 per cent lower than the same period last year, according to a report by the Serbian Chamber of the Economy released on Tuesday.

Total exports to Russia in the first six months of this year added up to 332 million dollars, while in the same period in 2014, they amounted to 486 million dollars.

Moscow intends to extend the embargo imposed on European farm produce if the EU extends the sanctions against Russia.

EU representatives of 28 countries “unanimously” approved of the extension of economic sanctions on Russia until the 31st of January, 2016, yesterday, due to its role in the Ukraine crisis.

Moscow will extend its embargo on European Union agricultural products but is unlikely to go further if the EU extends sanctions as expected, economy minister Alexei Ulyukayev said June 18.

Syria is in the list of countries that Bulgaria is not allowed to export weapons to according to the Bulgarian legislation.