Russia’s Putin orders retaliatory sanctions against West

Russia’s Putin orders retaliatory sanctions against West

Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the “unfriendly actions of certain foreign states and international organizations,” the Kremlin said on Tuesday.

The document does not provide any details of which individuals or entities may be affected by the measures.

For the latest headlines, follow our Google News channel online or via the app.

According to the decree, Russia will forbid the export of products and raw materials to people and entities that it has sanctioned.

The decree also prohibits transactions with foreign individuals and companies hit by Russia’s retaliatory sanctions, and permits Russian counterparties not to fulfill obligations towards them.

Under the decree, the Russian government has 10 days to compile lists of foreign individuals and companies to be sanctioned, as well as to define “additional criteria” for a number of transactions that could be subject to restrictions.

Read more:

German opposition leader Merz visits Kyiv, Scholz refuses to go

Zelenskyy: Lavrov a ‘great Hitlerism connoisseur’, will Russia-Israel ties remain?

Russian retailers in talks to import goods via Kazakhstan: Report