Highlights:

On June, 29th 2016 Russian President Vladimir Putin signed Decree №305, extending the ban on certain imported foods from the United States, Canada, the European Union, Australia, Norway, Ukraine, Albania, Montenegro, Iceland, and Lichtenstein until the end of 2017. The Government decree implementing the Decree of the President is still pending publication, but according to Prime Minister Medvedev the list of products covered by the document will remain unchanged.

General Information:

Decree #305 is identical to Decree #320 of June, 24th, 2015, except for that the terms are now extended for 18 months, through December 31st, 2017, whereas last year's decree mandated only a 12-months extension.

The Government decree implementing the Decree of the President is still pending publication, but according to Prime Minister Medvedev the list of products covered by the document will remain unchanged.

The Decree of Russian Federation President

About prolonging special economic measures aiming to provide safety of Russian Federation

In order to protect the national interests of the Russian Federation and in accordance with the federal law of 30 December 2006 № 281-FZ "On special economic measures" and dated December 28, 2010 №390-FZ "On safety", I decree:

  • To extend from August 6, 2016 on December 31, 2017 effect of certain special economic measures imposed by the Russian Federation by presidential decree of August 6, 2014 № 560
  • "On the application of certain special economic measures in order to ensure the security of the Russian Federation" and the extended Presidential Decree of June 24, 2015 № 320.
  • To the Government of Russian Federation:
  • in accordance with its competence to ensure the implementation of measures necessary for the fulfilment of this Decree;
  • if necessary, make proposals for change the validity terms of certain special economic measures prescribed at paragraph 1 of the present Decree

This Decree shall come into force on the day of its signing.