The government of Latvia on the meeting decided to allocate local milk producers affected by the Russian embargo, the use of more than $ 7.9 million euros. According to the Ministry of agriculture of the Republic, these funds will be used for breeding and preservation of high-quality stud.

It reminds office, after introduced from Russia embargo Latvian milk producers began to bear the losses caused by the overproduction of milk and drop in purchase prices. To support them, to compensate for the damage, and to prevent the slaughter of breeding cows, the government has decided to provide assistance in the amount of 7.9 million euros. "These funds will cover up to 70% of the costs associated with the control and performance tests of dairy cattle", explains the Ministry of agriculture.

August 7, Russia announced a complete ban on the export of beef, pork, vegetables and fruits, poultry, fish, cheese, milk and dairy products from the EU countries, Australia, Canada, Norway and the USA. This decision was a response to the sanctions that the West has imposed on Russia because of the events in Ukraine.

As stated earlier, Prime Minister of Latvia Laimdota Straujuma, Russia imposed an embargo on food imports from the European Union will cause the Republic of damages in the amount of 55 million euros. The most affected dairy industry. The government has already allocated to the affected producers and milk processing enterprises 6 million euros in compensation for the loss.

The purchase price for milk in Latvia after the introduction of Russian sanctions dropped by 25% since August, is kept below cost.

On the eve portal Agro2b.ru reported that the Latvian milk producers affected by the Russian embargo threatened by protests in Brussels in case of failure to provide the promised financial assistance from the EU.