19-08-14 10:11 AM – Source: Reuters
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The impact of the Russian boycott are already noticeable at the auction. © anp
Due to the boycott of goods to Russia, thousands of jobs are affected. That the Central Bureau of Statistics (CBS) reported today. Besides, the sanctions Netherlands cost 300 million euros. In the European Union the boycott lost around 130,000 jobs, estimates the economic bureau of ING
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The export value of the boycott goods to Russia amounted to more than 500 million euros last year. Netherlands earned approximately 300 million euro. This is because they were required for 200 million on goods and services from abroad for this export.
Last year, according to the statistics office about 5,000 jobs related to the direct export of goods to Russia now being boycotted.
Growers example bought Chinese solar panels to power them to arouse their production. Some export commodities, such as pineapple, first bought abroad and then resold by a small margin, “were also says CBS.
When the indirect trade with Russia (from other countries), is included, come the numbers higher. But his is no hard data available. Only for export through the Baltic States CBS can make an estimate. Estonia, Latvia and Lithuania barely produce tomatoes, peppers or grape but they do export. Trade in goods boycott this way yielded Netherlands last year, another 300 million and 5,000 jobs.
It is not just gardeners and farmers who are affected by the boycott according to the statistics office. Also, transporters, wholesalers and example accountancy offices or agencies will now see a decrease of their income.
The CBS further states that the boycott may cause the loss of the market. More effects The companies concerned may, for example suffer from falling prices because there are many additional supply from other countries also boycotted. A company may also go bankrupt if it loses a significant portion of sales, which then more jobs will disappear was linked to the export of boycott goods to Russia in 2013.
ING has estimated that the sanctions on an annual basis can provide, of which 937 million in the Netherlands.
Additional sanctions
Russia threatens to introduce more sanctions and Western 6.7 billion in damage in direct and indirect sense countries new economic measures. That said a spokesman for President Putin today.
“Different options are developed. We have repeatedly said that Russia is not in favor of sanctions, and we have not initiated. But in the event that our partners continue to not constructive or even destructive practices, additional measures’, follow the spokesperson said.
The size of the new Russian sanctions essentially depends upon the measures that Western countries make in the future. Ten days ago, Russia banned imports include fish, poultry, dairy products and vegetables from all 28 Member States of the European Union, Australia, the United States, Norway and Canada. That was a response to the sanctions of those countries against Russia because of Moscow’s attitude in the conflict in Ukraine
(Edited by: editor).
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