Agrarian import ban and its impact on the Russian and European Union agrarian trade performance

Abstract

Th e main objective of the paper is to identify the impact of the Russian agrarian import ban on imports of certain agricultural products from Europe, Norway, Canada, the USA and Australia. Th e import ban particularly aff ected the import of competitive agricultural and foodstuff commodities into Russia. Th e ban was the result of the political and security tensions existing between the Russian Federation and the Western World, since early 2014. If we take into consideration the volume of the mutual trade and the importance of the mutual trade for each of the stakeholders mentioned above, it can be assumed that the main objectives of the Russian embargo was not to hurt the individual countries -especially the European Union, but rather to support domestic producers in order to achieve a higher level of self-suffi ciency in basic agricultural products. It is evident that the objective of the applied import ban is to reduce the dependence of the Russian Federation on imports. Th is paper provides an analysis of the most aff ected product groups and products, especially in relation to the EU countries. Th e paper provides the following fi ndings: Th e result of the applied import ban was a signifi cant reduction of the Russian agrarian import value. Th e import ban also improved the overall competitiveness of the Russian agricultural trade, whilst on the other hand, the competitiveness of some commodity groups was reduced.

Ranking Score of Financial Condition and Fear of Bankruptcy to Evaluate Operation’s Continuity of Dairy Milk Processing Companies: Evidence from the Republic of Belarus

“…Disclosure of information about continuity of functioning is suggested in comments to accounting (financial) reports and remarks about financial condition of the company divided into reliability classes are provided in view of the table (Table 6). Changes in financial condition of milk processing agricultural companies over considered period are caused by some internal and external factors such as global economic crisis, sanctions [17] and embargo of import of milk products into the Russian Federation. These factors result in decreased benefit and earning capacity of the company making its financial condition worse.…”

Russian Food Import Ban – Impacts on Rural and Regional Development in Finland

“…Wysokinski and Baran (2014), for example, reported the values and shares of the food and agricultural product exports from the EU to Russia before and after imposition of the embargo. Smutka et al (2016) analysed the most affected product groups and products in terms of the food self-sufficiency ratio and import dependency ratio in various EU countries. Their results indicated that the ban definitely affected individual industries and individual countries of the EU.…”

A logistics model of sustainable food supply of the region

“…One of such mechanisms, according to the authors, is the formation of «Local food systems» and «Alternative agro-food networks» operating within their framework. Both concepts are associated with the creation of conditions for fast (preferably without intermediaries) access of consumers to local food and are considered from the perspective of new models of interaction between producers, suppliers and consumers, based, on the one hand, on individual socio-economic, natural-climatic and other characteristics of specific territories and, on the other hand on the desire to avoid displacement of local food producers from the market [11][12], their support in order to achieve a higher level of self-sufficiency and reducing dependence on imports [13]. The operation of alternative agro-food networks is connected with the boundaries of the geographical area ranging from 50 km to 100 km from the point of their production [14].…”