Russia bans export of oil and oil products to Ukraine
The Russian government has banned the export of Russian oil and oil products to Ukraine. Prime Minister Dmitry Medvedev issued the announcement on April 18 at a government meeting, reported the Russian media. Dmitry Medvedev noted that “a ban is being placed on the export of Russian oil and oil products to Ukraine” and said that he had signed the relevant decree.
“A few days ago, The Ukrainian Cabinet of Ministers took another unfriendly step in relations with our country, expanding the list of Russian goods prohibited for import into Ukraine. Under these conditions, we have to defend our interests and take retaliatory measures,” said Dmitry Medvedev according to TASS.
He also added that Russia is expanding the ban on the import of certain Ukrainian goods.
“We are expanding the ban on the import of certain types of goods into Russia. This measure will affect Ukrainian engineering products, light industry, metalworking, amounting to a value of nearly $250 million over the past year,” the Russian Prime Minister said.