Ukraine has banned all imports from Russia, one of its main trading partners before the war, with annual purchases valued at around US$6 billion, and has called on other countries to follow suit and impose economic sanctions. tougher to Moscow.
“Today we officially announce a complete closure of trade in goods with the aggressor state,” wrote Economy Minister Yulia Svyrydenko on social media this Saturday (9).
“From now on, no products from the Russian Federation will be able to be imported into the territory of our State.”
Since the beginning of the Russian invasion on 24 February, the exchange of goods and services between the two neighboring countries has been practically non-existent, but the measure makes the cessation of imports a law.
“The enemy’s budget will not receive these funds, which will reduce its potential to finance the war,” Svyrydenko said.
“Such a step by Ukraine could serve as an example to our Western partners and spur them to strengthen sanctions against Russia, including the implementation of the energy embargo and the isolation of all Russian banks.”
Ukraine’s President Volodymyr Zelenskiy has repeatedly appealed to the West to boycott Russian oil and stop exports to Russia because of its military attack.
The West has imposed numerous measures on Russia that have already isolated Moscow to a degree never before experienced by such a large economy and on Saturday British Prime Minister Boris Johnson said more sanctions are on the way.
Source: CNN Brasil
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
