Ukraine to expand imports ban on Russian goods

0 Comment(s)Print E-mail Xinhua, January 14, 2016
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Ukrainian Prime Minister Arseny Yatsenyuk announced on Wednesday that Kiev will expand imports ban on certain goods from Russia that was imposed in response to Moscow suspending a free trade agreement.

Russia suspended its free-trade agreement with Ukraine on Jan. 1, the same day when Kiev's free trade regime with the European Union (EU) took effect.

"I have instructed the Economy Ministry to review and expand the list of products that will fall under the countermeasures from the Ukrainian side," Yatsenyuk told a cabinet meeting.

The restrictive measures are aimed at protecting the Ukrainian market, Yatsenyuk said, without giving details on the new products that will be the subject for the embargo.

On Jan.10, the Ukrainian government decree imposing restrictions on trade with Russia came into the force.

In particular, the decree, which will be in effect till Aug. 5, stipulates imposition of imports ban on 43 kinds of Russian-made products, ranging from food, cigarettes and alcohol beverages to chemicals and equipment.

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