Ukraine announced a complete cessation of trade with Russia

According to the results of last year, RUSSIAexported goods worth $8 billion to Ukraine,imported for $4 billion Yulia Sviridenko

Ukraine has completely banned the import of goods from Russia, Western countries should take the same step, Deputy Prime Minister and Economy Minister Yulia Sviridenko said, REUTERS reports. “From now on, no products of the Russian Federation will be able to be imported into the territory of our state,” Sviridenko said.

According to her, this measure will reduce Russia's ability to finance a special operation in Ukraine.

According to the Federal Customs Service of Russia, in 2021, the volume of exports from Russia to Ukraine amounted to more than $8 billion, and imports from Ukraine to Russia - more than $4 billion. — by $460 million. In general, the volume of Russian exports in 2021 was equal to almost $500 billion, that is, the share of Ukraine was less than 2%.

The day before, on April 9, Taras Melnichuk, representative of the Cabinet of Ministers of Ukraine in the Verkhovna Rada, announced that the government had decided to impose a trade embargo against Russia, UNIAN writes.

EU announces details of new EXPORT and import sanctions against Russia Politics

Europe continues to consider the scenario with the oil embargo. On April 5, the European Commission announced that they were discussing a ban on oil imports from Russia, but it was not included in the new package of sanctions announced on April 7. In the EU countries there is no consensus on the oil embargo. In Germany, for example, they indicated that they were ready to give up Russian energy sources, but this would take a long time. In Austria, they noted that they did not intend to take such a step, although they called dependence on Russian energy resources a "terrible feeling."

The Kremlin emphasized that the imposition of the embargo would “hit everyone,” as it would negatively affect the energy balances of the continent and lead to changes in the global oil market. Deputy Prime Minister Alexander Novak pointed out that in the event of a ban on the import of Russian oil, its prices in the world would rise to $300-500 per barrel.

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