9,432.55 TRY BIST 100 BIST 100
38.31 USD USD USD
5.29 CNY CNY CNY
43.49 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
47.29 TRY Interest Interest
67.27 USD Fossil Oil Fossil Oil
40.65 USD Silver Silver
4.88 USD Copper Copper
97.15 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,070.18 TRY Gold (gr) Gold (gr)

Export and import from Russia banned!

After the embargo imposed by the USA and the UK, Putin made a counter move. Putin ordered the ban on the export and import of certain products and raw materials from his country.

Export and import from Russia banned!

As the 13th day of the Ukrainian occupation continues, sanctions decisions continue to come from countries and companies, especially the Western world.

Finally, US President Biden announced that they banned all energy, oil and gas imports from Russia.

LIST PREPARATION INSTRUCTIONS FROM PUTIN

In response to the embargoes, Russian President Vladimir Putin signed a decree on the implementation of special economic measures in the field of foreign economic activities in order to ensure the security of Russia. The decree also instructed the Russian government to draw up a list of countries that would be affected by the bans. It was stated that the said measures do not apply to the products or raw materials that citizens carry for their personal needs.

EXPORT PROHIBITION FOR SOME PRODUCTS AND RAW MATERIALS

Putin also demanded that a ban be placed on the export of products and raw materials outside of Russia, the list of which will be determined by the government, by December 31.

In the text of the decree, "In order to ensure the security of the Russian Federation and the smooth functioning of its industry, I decide to ensure the implementation of the following special economic measures until December 31, 2022:

Prohibition of export outside the territory of the Russian Federation and (or) import of products and (or) raw materials into the territory of the Russian Federation in accordance with the lists established by the government of the Russian Federation; Restriction of the import of products and (or) raw materials outside the territory of the Russian Federation in accordance with the lists determined by the government of the Russian Federation.

 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Qatar Chamber and German delegation strengthen economic cooperation

Thursday, April 24, 2025

Minister Şimşek and US Treasury Secretary Bessent met in Washington

Thursday, April 24, 2025

China warns of retaliation: “We will retaliate against countries that harm our interests”

Monday, April 21, 2025

EU resumes free trade negotiations with Gulf states

Monday, April 21, 2025

Green hydrogen could play a role in closing Türkiye's current account deficit

Monday, April 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now