Spencer, IA: (Dec. 30, 2013) – Russia’s ban on imports of meat products from the United States has cost between $5 and $6 billion since it went into effect in February, according to the U.S. Ambassador to Russia.
Ambassador Michael McFaul, in an interview with a business publication, stressed that Russia and the United States continue to work together in other areas.
Russia banned U.S. pork and beef imports over concerns about ractopamine, a growth additive used in an estimated 80 percent of U.S. pork and cattle.
About two dozen countries have approved ractopamine as safe for use, but the European Union, China, Taiwan and several other countries have joined Russia in banning the use of the drug.