Russian Federation authorities, organizations and individuals are banned from making transactions with companies and citizens that fall under Russian sanctions.
On Tuesday, May 3, Russian President Vladimir Putin signed a decree on retaliatory measures against the actions of the United States and “foreign states and international organizations that have joined them,” Russian media reported. .
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The ordinance provides a prohibition on authorities, organizations and individuals “to enter into transactions (including the conclusion of foreign trade contracts) with legal entities, individuals and organizations under their control, to which the special economic measures. “
It is prohibited to conduct “financial transactions, whose beneficiaries are persons under sanctions”, and to export products or raw materials from Russia in favor of those who have fallen under Russian sanctions.
The list of people subject to sanctions, must be approved by the government within 10 days.
Meanwhile, the European Union is preparing to approve a sixth package of sanctions against Russia at the next meeting of the EU Foreign Affairs Council, to be held next week.
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Source: korrespondent
