Russian President Vladimir Putin attends a meeting with service members at the Kremlin in Moscow, Russia, June 27, 2023. (PHOTO / AP)
MOSCOW – Russian President Vladimir Putin signed a decree on Thursday, extending a previous ban on the import and export of certain Russian raw materials and goods until 2025, according to a document published on the country's official legal information portal.
The list of products includes technological, telecommunications, medical, and electrical equipment, agricultural machinery, nuclear reactors, fiber optic cables, metal processing machines, among others
The decree, on the application of "special economic measures in foreign economic activity with the aim of ensuring the security of the Russian Federation," was originally signed by the Russian president on March 8, 2022. It imposed restrictions on the export and import of certain raw materials and products from Russia.
ALSO READ: Finland to close Russia's consulate in Turku
The decree was meant to be valid until Dec 31, 2023. With the recent amendments, Putin has officially extended the decree until Dec 31, 2025.
READ MORE: Russia to view ships sailing to Ukraine as 'military carriers'
The list of products, which was later compiled by the government, includes technological, telecommunications, medical, and electrical equipment, agricultural machinery, nuclear reactors, fiber optic cables, metal processing machines, among others. Restrictions were also imposed on the export of certain types of timber to unfriendly countries.
READ MORE: Zelensky: Ukraine hoped grain deal to continue without Russia
The government said this decision was made to protect the domestic market.
