The government has been instructed to ensure the implementation of the decree and, if necessary, make proposals to change the period of validity of these counter-sanctions.
MOSCOW, November 21.
/TASS/. Russian President Vladimir Putin signed a decree extending certain
special economic measures against countries that have imposed sanctions on the
Russian Federation until December 31, 2021. The document was published on
Saturday on the official website of legal information.
The government has
been instructed to ensure the implementation of the decree and, if necessary,
make proposals to change the period of validity of these counter-sanctions.
In March 2014, due to
the situation in Ukraine, the European Union and a number of countries,
including the United States, Canada, Australia, Japan, Switzerland, New
Zealand, Iceland, began to impose sanctions on Russia. In particular, it
included a sanctions lists of Russian individuals and legal entities.
Restrictive measures included a ban on entry, freezing of accounts. In
addition, the so-called sectoral sanctions were introduced: the assets of the
companies falling under them were not frozen, but restrictions were imposed on
medium and long-term lending.
In response, on
August 6, 2014, Russian President Vladimir Putin signed a decree, based on
which the Russian government imposed a ban on imports of a number of food
products from the United States, the European Union, Norway, Australia, and
Canada.
After the EU
countries extended sanctions against Russia on June 22, 2015, on June 24, Putin
extended the food embargo for another year. Subsequently, it was extended three
times, most recently on June 24, 2019, until the end of 2020.
In June 2019, Putin extended
counter-sanctions until December 31, 2020, and amended the norms of the
original decree on counter-sanctions from August 6, 2014, and the decree from
October 22, 2018, on counter-sanctions against Ukraine.
Source: ITAR-TASS
21-11-2020
