Ukraine sets up full embargo on Russian imports

Ukraine sets up full embargo on Russian imports
MAP
Sunday 10 April 2022 - 19:53

Ukraine banned all imports from Russia Saturday, following the military offensive that began on February 24.

The Eastern European country called on other nations to impose economic sanctions on Russia.

“We have legalized the actual termination of trade relations with the Russian Federation,” Economy Minister Yulia Svyrydenko wrote on a Facebook post.

“Today we officially announced a complete halt of trade in goods with the aggressor state. From now on, no Russian Federation products will be able to be imported into the territory of our state,” she added.

The Economy Minister stated that a relevant decree was adopted by the Government Saturday.

According to the Ministry of Economy, the ban on Russian imports will block currency revenues to the Russian Federation by USD6 billion annually.

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