№101: Can You Spare Some Food? An Assessment of Russia’s Search for Replacements of Embargoed States
№101: Can You Spare Some Food? An Assessment of Russia’s Search for Replacements of Embargoed States
Author(s): Patryk Toporowski
Subject(s): Politics / Political Sciences, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: economy; Russia; Eastern Europe; Eurasia; Europe
Summary/Abstract: By introducing a one-year embargo on the import of some food and agricultural products, Russia will have to substitute old channels for new ones on an unprecedented scale. With the exception of Belarus, there are few options to increase imports from suppliers close to Russia’s biggest cities. Within the country’s broader neighbourhood, China and Turkey offer some potential, whereas Latin America would be considered a more distant source for food. However, the change in trade patterns would have its price. Not only will Russia risk growing inflation but also it will increase its dependency on China, which can settle for good Moscow’s role as a minor partner of Beijing.
Series: PISM Policy Papers
- Page Count: 6
- Publication Year: 2014
- Language: English
- Content File-PDF