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Russia Extends Ban on Entry of Trucks from EU

December 25, 2023
Russia Extends Ban on Entry of Trucks from EU
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The Russian authorities have prolonged the prohibition on the entry of trucks from the European Union (EU), the UK, Norway, and Ukraine.

This extension is valid until the reasons for its initial implementation are resolved, as stated by the Russian Cabinet on their Telegram channel.

Initially enacted in 2022, this ban was Russia’s countermeasure to the EU’s refusal to permit trucks with Russian and Belarusian registration to enter.

However, exemptions continue for vehicles transporting postal services, diplomatic correspondences, and humanitarian assistance.

Additionally, the ban will not affect vehicles providing technical support for the transportation of equipment and sports vehicles to sports event locations.

The Biden administration recently announced plans to impose sanctions on international financial institutions that support Russia’s military efforts.

An executive order is expected to target banks aiding Russia in acquiring necessary equipment and goods for its ongoing conflict in Ukraine. These institutions will face exclusion from the US financial system.

In an op-ed for the Financial Times, Deputy US Treasury Secretary Wally Adeyemo warned that severe consequences await those involved in financing and facilitating transactions of goods used on the battlefield.

A senior US official revealed that Russia has been actively using its intelligence services to evade sanctions and secure vital components, often employing financial intermediaries, both knowingly and unknowingly, to bypass restrictions.

Tags: EURussia
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