Russia bans food imports in retaliation to sanctions

Russia has banned the importation of fruit, vegetables, meat, fish and diary imports from the United States, Australia, Canada, the European Union and Norway, Prime Minister Dmitry Medvedev has said.

The measures are part of a raft of counter-measures to be imposed after the targeted nations imposed sanctions on Russia over its role in the crisis in Ukraine.

The import ban begins today and will last for one year, he added.

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EU to impose sanctions on Russian companies

European Union leaders would work to block loans for new projects in Russia as well as a range of other sanctions in response to Moscow's actions in Ukraine, according to a draft statement.

The statement said that EU countries would also work together to suspend funding for new projects in Russia through the European Bank for Reconstruction and Development.

European Union leaders say they will impose sanctions on Russia in response to Moscow's actions in Ukraine. Credit: Reuters

Sanctions would also target companies that helped to undermine Ukrainian sovereignty and a first list of companies and people to be targeted with asset freezes would be drawn up by the end of July.

This comes as the US announced its widest-ranging sanctions against Russia yet.

Read: US imposes widest-ranging sanctions on Russia

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