Rusijos embargo poveikis Europos Sąjungos maisto produktų eksportui ; Impact of the Russian embargo on the European Union countries food products export

Abstract

Today, the growing importance takes on international trade and international relations. Sometimes there are certain contradictions between the countries. These contradictions usually occur through the restriction of international trade which affects not only the macroeconomic indicators of countries, but also the population of the country. One of the most common ways of limiting international trade is embargo. Since Russia announced an embargo on imports of foodstuffs in the EU countries, the exports of food products to Russia has significantly decreased in the EU countries. This decrease in exports has had a negative impact not only to the relations between the countries but also to the economies of the countries.