Yesterday, the President of the Russian Federation signed an Executive Order On Applying Certain Special Economic Measures to Ensure the Security of the Russian Federation. This basically means an embargo on importing entire categories of products from those countries which have declared economic sanctions against Russian organisations and individuals.
Russia has completely banned the importation of beef, pork, fruits and vegetables, poultry, fish, cheese, milk and dairy products from the European Union, the United States, Australia, Canada and the Kingdom of Norway.
These restrictions shall be introduced starting today, and for a period of 12 months. But, if Russia’s partners display a constructive approach towards cooperation issues, then the Government would be willing to revise the specific implementation deadlines for these measures.