Date: a month ago   Category: Economy

The Russian sanctions will mention a third of annual commodity turnover with Ukraine — Rambler News Service


Photo: A TASS / Maxims Nikitin Vvedennye the Government of the Russian Federation restrictions in trade and economic relations with Ukraine extend to goods, with a total turnover more than $4.3 billion that makes about 30% of volume of all commodity turnover between two countries in 2018. The Minister of Economic Development of the Russian Federation Maxim Oreshkin reported about it, the press service of the ministry tells. "Total turnover of goods concerning which the Government of the Russian Federation introduces restrictions is estimated more than at 4.3 billion US dollars that makes nearly 30% of the total amount of commodity turnover between Russia and Ukraine in 2018" — the press service cites words of Oreshkin. The Minister of Economic Development reported that decisions concerning Ukraine are "the forced countermeasure on unfriendly actions from Ukraine" and are accepted on the basis of the federal law "About Special Economic Measures" and in full accordance with the international obligations of Russia. He also noted that the list of the Ukrainian products which get under the introduced restrictions was formed including in terms of opportunities of its replacement by both the Russian goods, and products of other states. Earlier the Russian Prime Minister Dmitry Medvedev during the meeting of the Government announced countermeasures on recent Ukrainian trade sanctions. In particular, on the territory of Russia import from Ukraine of some types of clothes, footwear, paper, cardboard, pipe products, the steel enameled ware, several types of bulldozers, etc. is forbidden. In addition, the government imposed a ban on export of the Russian oil and oil products on Ukraine.

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