Tuesday, March 8, 2022

Putin Announces Ban of Certain Exports and Raw Materials in Response to Biden Blocking Russian Oil & Gas

"Putin has signed a decree blocking certain exports and raw materials from leaving Russia
until December 31.
In order to ensure the safety and smooth functioning of the industry, I decided…To ensure the application of the following special economic measures until December 31, 2022,” the decree says.
These include “a ban on exports outside of the Russian Federation’s territory and (or) imports to the Russian Federation’s territory of products and (or) raw materials according to lists determined by the Russian government,” which will take effect immediately.
The Russian Federation will announce what specific goods and raw material exports will banned in the coming days." ZH

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