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The Ukrainian government decided it would introduce retaliatory measures in response to Russia's "unfriendly practices" without agreeing such measures with the Ukrainian Parliament, the Minister of Economic Development and Trade Aivaras Abromavicius said in an interview with Ukrainian weekly Novoye Vremia.
"Currently, Russia accounts for 2% of our total agricultural exports. The damage is estimated at betwen $421 million and $600 million. Hiwever, these are not direct losses, but the loss of actual revenues," Abromavicius stressed.
At this, the minister added that Russia has long been an unpredictable trade partner."
Read alsoYatsenyuk estimates losses from Russian embargo"Not only in relation to us but to other neighbors, like Turkey, Lithuania, Estonia, Latvia, Moldova, Georgia, Poland. Therefore, we are moving forward, but we expect the most stringent measures on their part," the minister noted.