Home Breaking News Vladimir Putin’s decree bans agricultural imports from countries imposing sanctions on Russia

Vladimir Putin’s decree bans agricultural imports from countries imposing sanctions on Russia

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Russian President Vladimir Putin has issued a new decree banning or curbing agricultural imports from countries imposing sanctions on Russia over the crisis in Ukraine.

In the decree, Vladimir Putin ordered the measures, which also apply to food imports, to be introduced for one year.

Government departments were instructed to come up with a list of products subject to the order.

Russia has imposed import bans on other states in the past, but normally on grounds of public health.

Vladimir Putin has issued a new decree banning or curbing agricultural imports from countries imposing sanctions on Russia over the crisis in Ukraine

Vladimir Putin has issued a new decree banning or curbing agricultural imports from countries imposing sanctions on Russia over the crisis in Ukraine

Wednesday’s decree did not specify which countries would be affected by the new measures but the EU and US recently tightened sanctions on Russia, with Brussels extending them from individuals to sectors of the economy.

Russia buys fruit and vegetables from the EU worth an annual 2 billion euros ($2.7 billion), and food and agricultural products from the US worth about 1 billion euros.

Last week Russia banned most agricultural imports from Poland on grounds of public health in what was seen as a thinly veiled retaliation for Poland’s advocacy of tough action over Ukraine.

Excerpt from Vladimir Putin’s decree:

“With the aim of protecting the national interests of the Russian Federation and in accordance with the Federal Laws of December 30, 2006, No 281-FZ <<On special economic measures>> and of December 28, 2010, No 390-FZ <<On security>>, I decree that: <<State power bodies of the Russian Federation, federal state bodies, local government bodies, legal entities set up in accordance with the legislation of the Russian Federation, and organizations and individuals that come under the jurisdiction of the Russian Federation shall proceed in their actions from the fact that, for one year from the date when this decree comes into force, foreign economic transactions involving the importation into the territory of the Russian Federation of certain types of agricultural produce, raw materials and food of which the country of origin is a state which has taken a decision to impose economic sanctions against Russian legal entities and/or individuals, or joined such a decision, are banned or restricted…>>”

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