Russian President Vladimir Putin chairs a meeting with members of the government, via video link at the Kremlin in Moscow, Russia July 4, 2023. Sputnik/Alexander Kazakov/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY.
On Thursday, Russian President Vladimir Putin prolonged his decree, extending it until the end of 2025. The decree imposes restrictions on the import and export of specific products and raw materials as a response to sanctions.
The relevant decree, published on the official portal for state documents, reaffirms the government’s authority to compile a list of goods subject to the ban.
The list encompasses technological, telecommunications, medical equipment, vehicles, agricultural machinery, and electrical equipment that were previously imported into Russia.
Furthermore, exports of certain types of timber, fertilizers, and raw materials for the chemical industry, as well as grain, are also restricted.
The decree reserves the government’s authority to determine the list of countries with which trade will be restricted.
