Today: 7 October 2025
21 July 2023
1 min read

Putin extends ban on import and export of raw materials till 2025

Restrictions were also imposed on the export of certain types of timber to unfriendly countries…reports Asian Lite News

Russian President Vladimir Putin has signed a decree, extending a previous ban on the import and export of certain Russian raw materials and goods until 2025, according to a document published on the country’s official legal information portal. The decree, on the application of “special economic measures in foreign economic activity with the aim of ensuring the security of the Russian Federation,” was originally signed by the Russian President on March 8, 2022.

It imposed restrictions on the export and import of certain raw materials and products from Russia.The decree was meant to be valid until December 31, 2023. With the recent amendments, Putin has officially extended the decree until December 31, 2025, Xinhua news agency reported.

The list of products, which was later compiled by the government, includes technological, telecommunications, medical, and electrical equipment, agricultural machinery, nuclear reactors, fibre optic cables, metal processing machines, among others. Restrictions were also imposed on the export of certain types of timber to unfriendly countries.

The government said this decision was made to protect the domestic market. 

ALSO READ-Putin to skip BRICS summit in South Africa

Previous Story

Lankan Prez’s India visit build stronger neighbourly bonds

Next Story

Amsterdam city council implements ban on cruise ships

Latest from -Top News

OCTOBER 7: Stop the Violence Now, Says Guterres

Guterres recalled that “the attackers brutally killed more than 1,250 Israelis and foreign nationals….reports Asian Lite News UN Secretary-General Antonio Guterres urged an immediate halt to the violence in Gaza, Israel, and

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on

Hamas Heads to Egypt for Gaza Talks

The negotiation will focus on the details of enacting the first phase of the plan…reports Asian Lite News A delegation from the Palestinian group Hamas arrived in Egypt on Sunday ahead of

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with
Go toTop