“Today we have officially announced the complete cessation of all exchanges of goods with the aggressor state. From now on, products from the Russian Federation will no longer be able to be imported into our territory, “Ukrainian Economy Minister Yulia Sviridenko wrote on Facebook on Saturday.
Since the beginning of the Russian invasion of Ukraine on February 24, trade in goods and services between the two countries has been virtually non-existent, but Saturday’s decision makes it legal to cease imports.
“The enemy’s budget will no longer receive these funds, which will reduce its potential to finance the war,” added Yulia Sviridenko, who also holds the position of deputy prime minister.
“Ukraine’s move can serve as an example to our Western partners and encourage them to extend sanctions on Russia, including by imposing an embargo on Russian energy supplies and isolating all Russian banks,” the Ukrainian economy minister said.
Ukrainian President Volodymyr Zelensky has repeatedly called on the West to boycott Russia’s oil and other energy exports and to halt Western exports to Russia over the invasion of Ukraine.
So far, the West has imposed heavy sanctions on Russia, isolating the Moscow authorities to an unprecedented level for a large economy, and on Saturday British Prime Minister Boris Johnson said new sanctions would be imposed.
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