Russia banned re-export of plant products from Bulgaria

Noam Stiekema

Russia banned re-export of plant products from Bulgaria after a decree from the Service for Veterinary and Phytosanitary Control to the government. The Russian Service for Veterinary and Phytosanitary Control added that take this step because of imports from Bulgaria in Russia plant production, accompanied by forged phytosanitary certificates from third countries. On Thursday, Russian […]

Russia reexport plant products

Russia reexport plant productsRussia banned re-export of plant products from Bulgaria after a decree from the Service for Veterinary and Phytosanitary Control to the government. The Russian Service for Veterinary and Phytosanitary Control added that take this step because of imports from Bulgaria in Russia plant production, accompanied by forged phytosanitary certificates from third countries. On Thursday, Russian Service reported that it returned to Bulgaria three batches of apples with a total weight of 63.5 tons, after an attempt was made they can be imported into Russia with forged certificates of Morocco, which was confirmed by the authorities in the Arab country.

The Deputy Chairman of Rosselkhoznadzor Julia Shvabauskene, who requested urgent consultations with Bulgarian colleagues for the accuracy of the certificates. According to her, there have been other cases where from Bulgaria have been exported to Russia apples produced in Europe, which documents were presented by Chinese and Brazilian.

Due to increased frequency of such cases, Russia is considering to ban re-export of plant production of all European Union countries. In August last year, Russia imposed a one-year embargo on the import of a number of food products from the EU and the US as a reciprocal measure imposed sanctions against Moscow because of the crisis in Ukraine.

Read this next

Retail FX, Technology

MetaTrader’s iOS issue opens brokers’ eyes to other trading platforms

In a surprising (or-not-so-surprising) move, Apple has removed MetaTrader 4 and MetaTrader 5 from its App Store in a huge blow for the leading FX trading platform provider.

Retail FX

Pepperstone adds Capitalise.ai analytics and automated trading tools free of charge

“We look forward to bringing significant value to Pepperstone traders and making a real, positive impact in their daily trading habits. We are excited to welcome them on board.”

Retail FX

FP Markets wins Best Global Value Broker for 4th consecutive year at the 2022 Global Forex Awards

“We greatly appreciate the continued international recognition as at FP Markets we pride ourselves on these attributes and these prestigious awards are testament to the hard work from our global team to always provide our clients with the ultimate trading experience.”

Inside View

How to Engage Your Customer at Every Stage of Their Journey

As many as 89% of successful businesses say that providing assistive customer experiences is critical to their growth. That’s because a mere 5% increase in customer retention can boost profits by 25% to 95%.

Industry News

CFTC fines Chinese firms Chinatex and COFCO $720,000 for wash trading

Chinatex traders engaged in wash trading in order to liquidate a long position in the account of an affiliated company and re-establish the position in its own account, to the ultimate benefit of its parent company, COFCO.

Industry News

US-based operation of Brazilian broker XP fined $500,000 for recordkeeping failures

“Proper recordkeeping is vital to protecting our markets and market participants from fraud and manipulation. This case serves as another example of the Commission’s intent to vigorously enforce the recordkeeping obligations of its registrants.”

Digital Assets

Bitfinex announces integration of USDt on Polkadot

Polkadot is the brainchild of British computer programmer and Ethereum co-founder and former CTO Gavin Wood.

Executive Moves

FPG hires ex-Fireblocks Chris Hazelton to head marketing at crypto prime broker

“Chris’s experience as a marketing leader at several exceptional businesses will help us refine our message to an institutional audience that’s overwhelmed with new information and show tangible examples of how we’ve helped customers like them scale successfully in crypto.”

Podcasts

FinanceFeeds Podcast Ep. #6: Gold-i’s Tom Higgins talks efficiency in FX and inner workings of Crypto Switch

On its sixth episode, the FinanceFeeds Podcast welcomed Tom Higgins, the founder and chief executive of trading systems integration provider, Gold-i.

<