Tuesday, August 19, 2014

Dutch to Lose $400 Million in Exports Over Russia Sanctions

Dutch economy with Russian ban
Sanctions Russia has imposed on agricultural products from the European Union will cut Dutch exports by "at least 300 million euros" ($400 million), based on 2013 figures, Statistics Netherlands said Tuesday. The total value of food exports to Russia, including fruit, vegetables, meat and dairy products, was 500 million euros ($667 million) in 2013. Those exports generated 300 million euros ($400 million) for Dutch businesses, while 200 million euros ($267 million) went to service providers in neighboring countries, the bureau said.

Rotterdam, 19/08/2014-INC News

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