26 Oct 2022 16:22

Restrictions on exporting certain types of goods, raw materials extended until end of 2023 - presidential decree

MOSCOW. Oct 26 (Interfax) - Russian President Vladimir Putin has signed a decree on extending until the end of 2023 the ban and restrictions on exporting or importing certain types of raw materials and goods, and the document amending decree No. 100, dated March 8, 2022, has been posted on the government's official portal of legal information.

The Russian government is approving the list of goods restricted for export. The list includes power equipment; engines and power supply units; various types of industrial equipment and machine tools; aircraft; ships; agricultural and special equipment; radio electronics; and medical supplies and equipment. The ban does not apply to goods exported for personal purposes.

The government has also implemented a restriction on exporting inert gases used in producing microelectronics, stipulating that special authorization is required from the cabinet of ministers in order to export this material.

As per a separate governmental decision, a list of goods has been approved for which there is an authorization-based procedure for exporting to the countries of the Eurasian Economic Union (EAEU). The list includes agricultural equipment; vehicles and their components; telecom equipment; certain types of mining, exploration, geophysical equipment; and medical equipment.

The measure does not apply to goods in transit, goods exported to fulfill Russia's military needs abroad, products licensed for export by the relevant departments, and a number of other cases.