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France: Cheese production company set to lose 1.3mil due to sanctions01:34

France: Cheese production company set to lose 1.3mil due to sanctions

France, Paris
August 11, 2014 at 09:02 GMT +00:00 · Published

The Russian boycott on some European food products such as fish, meat and cheese products, is deeply affecting some French businesses.

Thomas Export is a company selling cheese abroad and Russia represented 3% of it's sales. According to Nicolas Medard, the company will lose 1.3 million euros because of the boycott. He regrets that his cheese cannot reach the Russian market which is a "huge market with a fabulous potential".

Nicolas Medard hopes that the escalation in the conflict stops and talks restarts, so the boycott can be ended.

France: Cheese production company set to lose 1.3mil due to sanctions01:34
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Description

The Russian boycott on some European food products such as fish, meat and cheese products, is deeply affecting some French businesses.

Thomas Export is a company selling cheese abroad and Russia represented 3% of it's sales. According to Nicolas Medard, the company will lose 1.3 million euros because of the boycott. He regrets that his cheese cannot reach the Russian market which is a "huge market with a fabulous potential".

Nicolas Medard hopes that the escalation in the conflict stops and talks restarts, so the boycott can be ended.

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