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In response to the EU's economic sanctions against Russia in the context of the situation in Ukraine, a Russian ban on certain EU agri-food products has been in place since August 2014. The agricultural sectors most affected by the ban include dairy, fruit and vegetables and meat, reflecting products of which the EU has been an important supplier. Since the ban, the EU has lost more than €5 billion per year of agri-food exports to Russia. This loss has been partially offset by the 6% increase in ...

This documents provides an overview of the EU sanctions and Russia's retaliatory measures. It analyzes the impact on economy and employment, compensation measures taken by the European Commission as well as initiatives by the European Parliament.

Political agreement has been reached on setting new basic rules for the EU's Common Fisheries Policy (CFP) and for a new common market organisation (CMO). The European Parliament is now to vote on a proposed new financial instrument to accompany this CFP reform and to promote the integrated maritime policy, based on a first reading report from the Committee on Fisheries (rapporteur Alain Cadec, EPP, France).