Ukraine's embargo on expanded list of Russian goods takes effect

On Tuesday, Feb. 2, the resolution of the Cabinet of Ministers on amendments to the list of Russian-originating goods banned from the customs territory of Ukraine of Jan. 20 takes effect.

According to the document, the expanded list of prohibited Russian imports has been updated with 70 items, Censor.NET reports referring to Glavkom.

On Jan. 10, Ukraine imposed an embargo on the import of 30 Russian-originating commodities in response to similar actions of the Russian side. The ban affected foodstuffs, vodka, tobacco products, chemical products, and railway equipment. In addition, Ukraine introduced duties on Russian imports, with rates varying from 1.5 to 19 percent and a transition period of 3 to 5 years.

Read more: Yatseniuk orders to expand list of banned Russian goods to Ukraine

The requirement to review and expand the list of banned Russian products was voiced by Prime Minister Arsenii Yatseniuk at the previous session of the government. The trade embargo is a retaliation measure of the Ukrainian authorities in response to the aggressive commercial actions of Russia. At the beginning of this year, Moscow imposed a complete embargo on food exports, increased import duties on other product groups supplied from Ukraine to Russia, and introduced a total ban on the transit of Ukrainian goods to the countries of Central Asia through the territory of Russia.

Ukraine deems Russia's actions to be politically motivated and dictated solely by the entry into force of the EU-Ukraine free trade area deal on Jan. 1, 2016. Ukraine has already gained the support of the European Union and also forwarded a corresponding note to the WTO. The complaint about Russia's discriminatory actions is expected to be considered at a WTO General Council meeting in the second half of February.

Read more: China supports Ukraine's proposal of 'Silk Route' bypassing RussiaИсточник: https://en.censor.net.ua/n372162