RUSSIA BANS $500 MILLION WORTH OF IMPORTS FROM UKRAINE IN RETALIATORY SANCTIONS | WHAT REALLY HAPPENED


RUSSIA BANS $500 MILLION WORTH OF IMPORTS FROM UKRAINE IN RETALIATORY SANCTIONS

Russian Prime Minister Dmitry Medvedev has signed a ban on the import of more than 50 Ukrainian goods, worth $510 million. The move comes in response to recently prolonged Kiev’s embargo on Russian products.

The list, published by the Russian government on Saturday, includes mainly industrial goods, agricultural products, raw materials, and food. The products that fell under the ban are wheat, sunflower oil, sweets, chocolate, bread, bakery, vegetables, fruits, beer, caviar, fish and canned fish, Sanctions also target engines and power generators, tractors, turbines, and some other equipment and goods.

“Russia has introduced a ban on imports of a number of Ukrainian goods. This is a retaliatory measure against Ukrainian restrictions. I signed the corresponding decree,” Medvedev wrote on Twitter Saturday.

Webmaster's Commentary: 

What concerns me, is the rapidity with which an economic war, complete with sanctions and bans, can actually turn into a shooting war.

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