Cargo ships are docked within the Black sea port of ODESSA, Ukraine, November 4, 2016. REUTERS/Valentyn Ogirenko/File Picture
MELBOURNE, April 10 (Reuters) – Ukraine has banned all imports from Russia, one in every of its key buying and selling companions earlier than the struggle with annual imports valued at about $6 billion, and known as on different nations to comply with and impose harsher financial sanctions on Moscow.
“At present we formally introduced a whole termination of commerce in items with the aggressor state,” Economic system Minister Yulia Svyrydenko wrote on her Fb web page on Saturday.
“Any longer, no Russian Federation’s merchandise will be capable of be imported into the territory of our state.”
For the reason that begin of Russia’s invasion of Ukraine on Feb. 24, change of products and providers between the 2 neighbouring nations has been just about non-existent, however Saturday’s transfer makes the termination of imports a legislation.
“The enemy’s funds is not going to obtain these funds, which can scale back its potential to finance the struggle,” Svyrydenko mentioned.
“Such a step of Ukraine can serve for instance for our Western companions and stimulate them to strengthen sanctions towards Russia, together with the implementation of the vitality embargo and isolation of all Russian banks.”
Ukraine’s President Volodymyr Zelenskiy has repeatedly known as on the West to boycott Russian oil and different exports and halt exports to Russia over its navy assault. learn extra
The West has imposed quite a few measures on Russia which have already remoted Moscow to a level by no means earlier than skilled by such a big economic system and on Saturday British Prime Premier Boris Johnson mentioned extra sanctions are to return.
Reporting and writing by Lidia Kelly; Enhancing by Michael Perry
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