Ukraine bans all imports from Russia

Ukraine has banned all imports from Russia, considered one of its key buying and selling companions earlier than the struggle with annual imports valued at about $6 billion, and referred to as on different international locations to observe and impose harsher financial sanctions on Moscow.

“As we speak we formally introduced an entire termination of commerce in items with the aggressor state,” Economic system Minister Yulia Svyrydenko wrote on her Fb web page on Saturday.

“Any more, no Russian Federation’s merchandise will be capable of be imported into the territory of our state.”

For the reason that begin of Russia’s invasion of Ukraine on Feb. 24, trade of products and providers between the 2 neighbouring international locations has been nearly non-existent, however Saturday’s transfer makes the termination of imports a regulation.

“The enemy’s price range won’t obtain these funds, which is able to scale back its potential to finance the struggle,” Svyrydenko mentioned.

“Such a step of Ukraine can serve for instance for our Western companions and stimulate them to strengthen sanctions towards Russia, together with the implementation of the power embargo and isolation of all Russian banks.”

Ukraine’s President Volodymyr Zelenskiy has repeatedly referred to as on the West to boycott Russian oil and different exports and halt exports to Russia over its navy assault.

The West has imposed quite a few measures on Russia which have already remoted Moscow to a level by no means earlier than skilled by such a big economic system and on Saturday British Prime Premier Boris Johnson mentioned extra sanctions are to return.

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