Today: 28 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

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

Abu Dhabi leads future of food innovation

Global Food Week 2025 cements Abu Dhabi’s leadership in food innovation, uniting 75 countries to showcase sustainable agriculture, cutting-edge technologies, and women-led enterprises driving future food security….reports Asian Lite News Global Food

UAE reshapes AI council

The newly reconstituted Council will be chaired by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan serving as Vice-Chairman….reports Asian Lite
Go toTop