The Food and Drink Federation comments on the potential impact for business following sanctions imposed on Russia
02 March 2022
The FDF’s Chief Executive, Karen Betts, said:
“We're urgently working with companies in our sector to understand the impact of the sanctions imposed on Russia. Businesses want to do the right thing in ensuring they abide by the measures taken by governments in response to Russian aggression.
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The FDF’s Chief Executive, Karen Betts, said:
“We're urgently working with companies in our sector to understand the impact of the sanctions imposed on Russia. Businesses want to do the right thing in ensuring they abide by the measures taken by governments in response to Russian aggression.
“We anticipate that some food and drink companies will experience supply chain disruption as a result of the war in Ukraine, given that commodities, such as grain and sunflower oil, as well as other inputs, including packaging, could be affected. We will work through these as efficiently as possible, but - with manufacturers also exposed to further rises in energy prices - this could well add to current inflation."
For information, please contact press.office@fdf.org.uk 020 7836 2460.
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