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Ukraine's Government imposes new sanctions against Russia

Cabinet of Ministers imposed mirror-image sanctions as a reaction to sanctions against Ukraine
14:08, 15 May 2019

Cabinet of Ministers
Open source

Ukraine’s Government imposed new sanctions against Russia. New items were added to the list of banned Russian goods. Duties on all Russian goods were imposed, as First Vice-Prime-Minister Stepan Kubiv said at the session of the Cabinet of Ministers.

Under the initiative of the Ministry of Economy Development decided to expand the list of banned Russian goods, in particular:

- Portland cement, alumina cement, cinder cement, and hydraulic cement, colored or not colored, prepared or in a form of a clinker;

Related: EU should expand anti-Russian sanctions, - Estonian MFA

- plywood, veneer panels, and materials made out of laminating lumber.

As Ukraine’s PM Volodymyr Groysman noted, the list was expanded with those goods which are also produced in Ukraine or there is a possibility to replace them.

According to the Ministry, import of cement product from Russia to Ukraine made around $17 million, and import of plywood - $19,7 million in 2018.

Related: EU to observe possible sanctions against Russia for passports issuance in Donbas, - Mogherini

Besides, the Government decided to impose a special duty on all Russian goods attempted to be delivered to the Ukrainian markets. Coal, gas, liquefied gas and pharmaceutical products will be exceptions. Special duty will be imposed since August 1, 2019. Received money will be directed to a special fund of the state budget and spent on import substitution measures.

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