Parliament Committee Also to Huddle on Effect on Sanctions ({{commentsTotal}})

Parliament
Parliament Source: (Postimees/Scanpix)

The Parliamentary Economic Affairs Committee will meet on Friday to discuss the impact the Russian embargo on Western agricultural produce will have on Estonian producers and the economy.

The committee said today it was seeking an overview of how the sanctions are affecting the food and agriculture sectors - anecdotal accounts suggest the effects are already dramatic, while officials have maintained that raw producers will not see a huge decline in sales.

"Though doing business with Russia has always been related to high risks, the overnight restrictions will certainly have a significant effect on the economy. Along with business people and Cabinet members, we want to discuss possible development scenarios and solutions," said the committee chairman, Arto Aas, in a statement.

The two ministers who met most of the food and agricultural sector lobby today, Foreign Trade Minister Anne Sulling and Agriculture Minister Ivari Padar will attend, along with Foreign Minister Urmas Paet, and representatives from fishery and dairy sector umbrella groups.