EU bans high-tech exports to Russia, imports of certain traditional Russian products

BRUSSELS. April 8 (Interfax) - The Council of the European Union adopted the fifth package of sanctions against Russia in a written procedure on Friday to ban exports of EU high-tech products and imports of certain Russian commodities, including timber and cement.

A communique published in Brussels says that the respective resolution of the Council of the European Union envisages "further export bans, targeting jet fuel and other goods such as quantum computers and advanced semiconductors, high-end electronics, software, sensitive machinery and transportation equipment."

There are also "new import bans on products such as: wood, cement, fertilisers, seafood and liquor."

"The agreed export and import bans only account for EUR 10 billion and EUR 5.5 billion respectively," the document said.