Russian import bans a boon for food tycoons


  • World
  • Friday, 22 Aug 2014

MOSCOW (Reuters) - In the escalating dispute between Russia and the West over Ukraine, a group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions.

Earlier this month, Russia banned all U.S. and EU meat, fish, dairy, fruit and vegetables in retaliation for Western sanctions imposed on Moscow after it annexed Ukraine's Crimea region and backed separatist rebels fighting Ukrainian government forces.

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