Last Update 20:49
Friday, 22 March 2019

Russia widens ban on Ukrainian imports in tit-for-tat sanctions row

Reuters , Saturday 29 Dec 2018
Share/Bookmark
Views: 1576
Share/Bookmark
Views: 1576

Russia expanded a ban on imported goods from Ukraine on Saturday, saying it would halt some $500 million worth of annual imports of mainly industrial products in retaliation for economic sanctions by Kiev.

Earlier this year, Russian President Vladimir Putin instructed the government to prepare a list of measures against Ukraine after Kiev announced economic sanctions on a list of Russian companies and business figures.

Relations between Ukraine and Russia went into freefall after Moscow's 2014 annexation of Crimea and the subsequent outbreak of a pro-Russian insurgency in the eastern Donbass region.

Since then, Russia has banned imports of beer, vodka, juice, wallpaper and confectionery from Ukraine.

Moscow said on Saturday items included in the new ban included industrial goods as well as some agricultural products, raw materials and food.

"Ukraine periodically imposes sanctions against both Russian individuals and legal entities, and for specific Russian goods," a Russian government statement said.

"Since the introduction of measures to ban imports from Russia of certain types of agricultural products, the Ukrainian sanctions list has been expanded to 18 types of products," it added.

Russia's Economy Ministry said on Saturday in a comment on the government decree that the value of Ukrainian goods included in the updated ban was estimated at around $510 million in 2018.

Ukraine has filed a complaint with the World Trade Organization challenging the Russian trade curbs on its beverages and sweets. 

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.