Russia extends ban on transit of Ukrainian goods to Kyrgyzstan
Russia extended the ban on transit of products from Ukraine to Kazakhstan and Kyrgyzstan for six months. The President of Russia Vladimir Putin signed a relevant decree. The document was published on the Russian legal information portal.
Recall, the ban on transit road and rail transportation from Ukraine was introduced on January 1, 2016. It were the goods to which Russia applies the import customs duties rates other than zero as well as those included in «sanctions» list of goods. Later, on July 1, 2016, the ban was extended to goods in transit to Kazakhstan and Kyrgyzstan.
In response, Ukraine filed a lawsuit against Russia in the World Trade Organization (WTO). Kiev asserts that the trade turnover with these countries has decreased by more than a third, and estimates the loss of $ 1 billion.
