Russia hits back at Western sanctions with export banon March 10, 2022 at 1:20 pm

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Russia will halt exports of cars, medical equipment and other goods until the end of 2022.

Russian car factory

Image source, Getty Images

Russia has banned exports of more than 200 types of product in retaliation for Western sanctions on Moscow.

Telecom, medical, agricultural, electrical and technology equipment, among other items, will affected by the ban which runs until the end of 2022.

It follows harsh western sanctions on Russia’s financial system and energy in response to its war on Ukraine.

A growing number of Russian oligarchs have also been hit with asset freezes and travel bans.

Other items covered by Russia’s export ban include cars, railway carriages, containers and turbines.

According to the most recent figures, Russia is the UK’s 19th largest trading partner, with trade between the two nations totalling £15.9bn.

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