Damn. This is not good news for the State of Georgia. Russia was the biggest importer of U.S. chicken meat in 2007.
Amid fraying trade relations between Moscow and Washington, Russia said it would slash U.S. import quotas for chicken and pork, both big export products to the region from the U.S.
After U.S. officials said Russia's war with Georgia had cast doubt on Russia's bid to enter the World Trade Organization, Prime Minister Vladimir Putin Monday called for pulling out of trade deals that Russia had signed when it was expecting quick admission into the trade body.
Then Russian Agriculture Minister Alexei Gordeyev said Wednesday that Moscow plans to reduce quotas for imports of chicken and pork by "not tens but hundreds of thousands of tons."
Russia has helped the American meat industry grow for the past decade. Russia was the biggest importer of U.S. chicken meat in 2007, spending $741.5 million on U.S. imports, according to the USA Poultry and Egg Export Council.