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Putin strengthens sanctions against Russia for another year by banning western import into country

The Russian President Vladimir Putin signed a decree on extension of the Russian retaliatory sanctions against the United States, European Union, Australia, Canada and Norway for one year, starting from June 24.

Vladimir Putin extended the embargo on the import of some foreign goods, Joinfo.ua reports with reference to the Russian media.

“The government addressed to me with a letter asking to extend the measures that we have taken in response to the actions of our partners in some countries. In compliance with this letter, today I signed a decree on the extension of certain special economic measures in order to ensure the security of the Russian Federation,” the leader of the Russian Federation explained.

It should be recalled that on June 22, the Council of the EU at the level of foreign ministers extended the economic sanctions against Russia for six months (the decision came into force on June 23). There were suspended the talks on visa-free regime and the new agreement on cooperation, a number of officials from the Russian Federation were banned to enter the EU and their assets were frozen, were introduced restrictive measures in the trade, financial and military field. The sanctions lists includes a total of 151 people and 37 legal entities. Sectoral sanctions are applied to 20 Russian financial, oil production and defense structures.

August 7, 2014, Russia imposed a package of counter measures against the U.S., Australia, Canada, the European Union and Norway. In particular, Russia has banned the import of fruits, vegetables, dairy and meat products for a year. Although, some kinds of finished meat and fish products did not fall under the restrictions.