The President of the Russian Federation, Vladimir Putin, signed
on 24th June 2015 a decree "On the extension in force of
discrete special economic measures with the aim of guaranteeing the
security of the Russian Federation."
The decree means that Russia's ban on the import of certain
agricultural products from the USA, Canada, the EU, Norway and
Australia will remain in place for a further year beyond the
anniversary of its introduction. The embargo will now remain in
place until 6 August 2016.
In the decree it is stated that the extension is being made with
the aim of defending Russia's national interests. The
publication of the decree follows the announcement by the EU
Council on 22 June 2015 of the extension of its restrictive
measures against Russia until 31 January 2016, which was stated to
be in order to align the measures with the implementation of the
Minsk accords concerning hostilities in Eastern Ukraine.
For further details of the Russian Federation's import ban,
please click here to view our update published following the
introduction of the ban in August 2014.
Details of extension of the EU restrictive measures are
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