In other words, Russia just blazed way past the issue of GMO labeling and shut down the use of any and all GMOs that would have otherwise entered the food supply through the creation of packaged foods (and the cultivation of GMO crops).
This is a bold move by the Russian government, and it sits in unison with the newly-ignited global debate on GMOs and the presence of Monsanto in the food supply.
But I also want to put it into perspective for you. If this announcement were to be made in the United States, for example, it would mean a total transformation of the food manufacturing industry.
But in Russia, the integration of GMOs is not close to the same level as in the U.S.
We know that, in the United States,
...are genetically modified.
A ban on GMOs in food production would radically change the entire food supply.
In Russia, however, the country is much more poised for a GMO food revolution. 
As RT reports:
President Vladimir Putin believes that he can keep GMOs out of the country, even while staying in compliance with the World Trade Organization's (WTO) commandments.
In a past meeting addressing the members of the Board of the Russian Federation Council he stated:
Do you think we will we ever see something like this is in the United States? Let us know in the comments below.