Government endorses a decision to ban all imports from Russia

The Cabinet of Ministers of Ukraine supported the decision to impose a full embargo on imports of goods from Russia. From now on, no russian products will be able to be imported into Ukraine.

“Such a decisive step by Ukraine can serve as an example for our Western partners and will stimulate them to strengthen sanctions against russia. Including the introduction of an energy embargo and the isolation of all russian banks. Such actions will be our contribution to the contraction of the russian economy and thus will contribute to our victory, “said First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Svyrydenko.

According to the Ministry of Economy of Ukraine, the ban on russian imports will block foreign exchange earnings to russia by  6 billion USD annually. The budget of the aggressor country will not receive these funds, and thus will reduce its potential funding for war.