Vice Premier: Ukraine to impose reciprocal trade, transit sanctions against Russia

Vice Premier: Ukraine to impose reciprocal trade, transit sanctions against Russia

"First of all, we will impose reciprocal sanctions against the Russian Federation actions imposed on the goods of Ukrainian origin and on transit, which is heading to other countries. It is absolutely clear position that complies with international law, the WTO and the EU. Secondly, we are correspondingly raising customs duty on the Russian goods imported to Ukraine. These sanctions will work when, respectively, the presidential decree will come into force," he noted. Earlier, the decree of Russian President Vladimir Putin was published on July 3 that imposes additional restrictions on the transit of Ukrainian goods. According to Ukraine’s Ministry of Infrastructure, the latest Russian decree expands the restrictions on transit to Kazakhstan and Kyrgyzstan. The legislative amendments also provide for a total ban on the transit of goods listed "under embargo". Earlier, Russia had completely blocked the Ukrainian cargo transit through its territory in April of 2016.