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All news / The President of Russia extended the restrictive measures in foreign trade for 2 years at once

  • 31 Jul 2023, 11:21

The effect of restrictive measures in foreign trade, introduced by a presidential decree of March 8, 2022 "in order to ensure the security of the Russian Federation and the smooth functioning of industry", was extended immediately for two years - until December 31, 2025.

In the original version of the document, the special measures were limited to 31 December 2023. The items of last year's decree, which have been extended, provide for a ban or restriction on the export from Russia and / or import into its territory of products and raw materials according to the lists determined by the Government, as well as the establishment of increased rates of export / import duties.