PUTIN SIGNS COUNTER-SANCTIONS IN RESPONSE TO US SANCTIONS ON RUSSIA

Jurist on 5th June reported that the counter-sanctions give Putin the right to ban trade from countries found to be hostile to Russia and to cut ties with such countries.  It is said that the counter-sanctions are not as strong those originally drafted by Russian legislators. Originally, the sanctions were intended to apply to many US goods, such as food and medicine.  However, businesses feared such sweeping sanctions would harm Russia’s economy and deter foreign trade.

http://www.jurist.org/paperchase/2018/06/putin-signs-counter-sanctions-in-response-to-us-sanctions-on-russia.php

 

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s