Don’t miss the latest developments in business and finance.

Putin orders import limits over sanctions

Image
AP Moscow
Last Updated : Aug 06 2014 | 10:10 PM IST
President Vladimir Putin has ordered government agencies to restrict imports of food and agricultural products from the countries that have imposed sanctions against Russia.
The text of Putin's decree released by the Kremlin today says that such imports will be "banned or limited" for one year.
The decree doesn't name any specific countries or products, but contains an order to government agencies to spell them out.
The move follows the latest round of sanctions against Russia imposed by the European Union last week, which for the first time targeted entire sectors of Russian economy.

More From This Section

First Published: Aug 06 2014 | 10:10 PM IST

Next Story