Russia approves 200 export bans in retaliation for Western sanctions
MOSCOW : Russia on Thursday approved a list of 200 goods and equipment whose export from the country is temporarily banned in retaliation for Western sanctions imposed for its military operations in Ukraine.
“The government has approved a list of imported goods and equipment whose export from Russia is temporarily prohibited. The decision will be in force until the end of 2022. It was adopted as a follow-up to the presidential decree on the application of a special measure. Economic measures in foreign economic activity to ensure the security of the Russian Federation”, read the press release of the Russian government.
The list included more than 200 products, including technological, telecommunications and medical equipment, vehicles, agricultural machinery, electrical equipment, as well as wagons and locomotives, containers, turbines, metal cutting machines and stone, video screens, projectors, consoles and switchboards.
The export of these goods has been suspended to all countries except the member states of the Eurasian Economic Union (EAEU), Abkhazia and South Ossetia, the statement added.
A special authorization procedure, to be approved in a separate government resolution, will be applied to exports to the latter States.
Under it, export permits for such goods to the EAEU states, Abkhazia and South Ossetia must be issued by the Ministry of Agriculture, the Ministry of Transport, the Ministry of Industry and Commerce, the Ministry of Digital Development, Communications and Media, and the Ministry of Natural Resources and the Environment, the statement said.
In addition, the government has also suspended the export of several types of wood and wood products to states that take hostile action against Russia, in accordance with the approved list.
Meanwhile, Ukrainian President Volodymyr Zelenskyy has signed a law authorizing the seizure of Russian assets in Ukraine.
“Zelenskyy signs a law authorizing the seizure of Russian property in Ukraine. It allows Ukraine to confiscate property belonging to the Russian Federation or its residents without any compensation. Parliament passed it on March 3,” said tweeted The Kyiv Independent.
It comes amid heavy fighting between Russian and Ukrainian forces which entered the third week today, marking the fifteenth day of the war.
“According to the Ministry of Youth and Sports of Ukraine: “As of March 9, 3 objects of sports and youth infrastructure were destroyed in Kyiv, Kharkiv, Chernihivx regions and 10 objects were damaged in Kyiv regions, Kharkiv, Zhytomyr, Chernihiv,” the Ukrainian Foreign Ministry tweeted.
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