KYIV (QHA) -

Ukrainian producers should be prepared to complete restriction on trade with Russia in a bilateral format.

Prime Minister Arseniy Yatseniuk said at a meeting with businessmen on Friday, Ukrinform reports.

"We have to prepare that we will have almost complete restriction on trade with Russia in a bilateral format. I would ask the Economy and Trade Ministry and branch ministries to make a survey of the markets that we will lose and we will get," Yatseniuk said.

He said that if the Russian market is completely blocked, Ukrainian exports of goods will fell by USD 5 billion.

"If the international community introduces sanctions against Russia, closes its market - it also suffers a loss. And we sit and think that everything will be easy. This is wrong, this is not consistent with the international law and it does not meet the basic concepts of our dignity. I understand that Russia is not the only market in the world, where Ukrainian products should be delivered. The government is ready to do everything for us to diversify the market in the short term,” the Prime Minister said.

QHA