Newsworld

Putin extends ban on Russian import-export till 2025

Moscow: Russian President Vladimir Putin has extended an ongoing 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. On March 8 last year, Russia imposed restrictions on the export and import of certain raw materials and products from Russia. The ban was valid till December 31 this year. With the most recent amendments, Putin has extended the ban until December 31, 2025, reports Xinhua news agency. The products that have been banned include technical, telecommunication, medical and electrical equipment, agricultural machinery, nuclear reactors, fiber optic cables, metal processing machines, etc. Restrictions were also placed on the export of certain types of wood to unfriendly countries. The government said that this decision has been taken to protect the domestic market.

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