×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: russia retailiatory sanctions against the west | ukraine war | vladimir putin

Putin Orders Retaliatory Sanctions Against West

Putin
Russian President Vladimir Putin arrives for an awards ceremony for the Russian Olympic Committee medalists of the XXIV Olympic Winter Games in Beijing and members of the Russian Paralympic team, at the Kremlin in Moscow, Tuesday, April 26, 2022. (AP)

Tuesday, 03 May 2022 06:52 AM EDT

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 Tuesday.

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

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.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
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 Tuesday.
russia retailiatory sanctions against the west, ukraine war, vladimir putin
132
2022-52-03
Tuesday, 03 May 2022 06:52 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved