Russia extends restrictions on transit of goods from Ukraine to Kazakhstan and Kyrgyzstan

Russia extends restrictions on transit of goods from Ukraine to Kazakhstan and Kyrgyzstan

Ukrinform
Russia has extended restrictions on the transit of goods from Ukraine to Kazakhstan and Kyrgyzstan for another six months.

The decree was signed by Russian President Vladimir Putin, and it was promulgated on the Russian portal of legal information, Krym.Realii reported.

The validity of the previous restrictions expired on June 30. New similar measures will be valid until January 1, 2019.

In December 2015, Russia adopted a number of decisions that restricted and in some segments completely cancelled trade relations with Ukraine. Among such decisions was the suspension of the agreement on free trade zone with respect to Ukraine within the CIS. Restrictive measures entered into force on January 1, 2016.

On January 2 of the same year, Ukraine imposed import duties on a wide range of Russian goods and commodity groups in the amount of 1.5% to 19%.

Since January 1, 2016, Russia has completely banned the transit of Ukrainian exports through Russian territory. According to the Economic Development Ministry of Ukraine, the volume of transit amounted to about 1.8 billion dollars a year.

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