Western Countermeasures to Russian Sanctions Over the Annexation of the Crimean Peninsula

[Asia Economy International Department Reporter] Russia has extended its ban on imports of agricultural and fishery products and foodstuffs from major Western countries.


On the 20th (local time), according to Interfax News Agency and others, Russian President Vladimir Putin signed a presidential decree extending the sanctions measure, which bans food imports from major Western countries, from January 1, 2022, to December 31, 2022.


[Image source=Yonhap News]

[Image source=Yonhap News]

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In early August 2014, Russia imposed retaliatory sanctions banning imports of agricultural and fishery products and foodstuffs from European Union (EU) member countries, the United States, Canada, Australia, Norway, and others in response to Western sanctions against Russia. The banned import items include meat and sausages, fish, seafood, vegetables, fruits, and dairy products.


In August 2015, Russia added Albania, Montenegro, Iceland, and Liechtenstein to the list of sanctioned countries, and in January 2017, Ukraine was also added to the sanctions list.



Prior to this, the West imposed sanctions on Russia in March 2014 as punishment for Russia's annexation of the Crimean Peninsula, which was part of Ukraine, and has since introduced a series of additional sanctions that have been continuously extended.


This content was produced with the assistance of AI translation services.

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