The Russian government, acting on Putin’s instructions; Banned the export of technology, telecommunications, medical, automobile, agricultural and electrical equipment until the end of the year. The ban covers more than 200 products. Eurasian Economic Union countries, including Belarus, Armenia, Kazakhstan and Kyrgyzstan, are exempt from the ban.
The Russian government has temporarily banned the export of more than 200 products until the end of 2022. The products in question include technology, telecommunications, medicine, automobile, agriculture and electrical equipment.
PROHIBITED PRODUCTS
While railway transportation equipment, containers, turbines, metal and stone processing machinery are also within the scope of the ban, exports of monitors, projectors, consoles and panels were also stopped.
NO PROHIBITION TO THE COUNTRIES OF THE EURASIAN ECONOMIC UNION
The export ban covers all countries other than the Eurasian Economic Union countries. The government also stated that timber exports to countries that took “unfriendly” steps towards Russia were also temporarily suspended.
PUTIN GIVEN INSTRUCTIONS ON MARCH 8
Russian President Vladimir Putin ordered on 8 March to ban the export of certain products and raw materials to be determined by the government.
COUNTRIES OF THE EURASIAN ECONOMIC UNION
Belarus
Armenia
Kazakhistan
Kyrgyzstan
Russia
