Russia suspends exports of tech, telecoms, medical, auto, agricultural tools till end-2022

An honour guard holds a Russia flag throughout preparations for a welcome ceremony for Russian President Vladimir Putin outdoors the Nice Corridor of the Individuals in Beijing, China June 8, 2018. REUTERS/Jason Lee

March 10 (Reuters) – The Russian authorities has banned exports of telecom, medical, auto, agricultural, electrical and tech tools, amongst different objects, till the top of 2022, in retaliation for Western sanctions on Moscow, it stated on Thursday.

In complete, over 200 objects have been included on the export suspension record, which additionally lined railway automobiles, containers, generators and different items.

Carmaker Stellantis (STLA.MI), which produces and sells the Peugeot, Citroёn, Opel, Jeep, Fiat manufacturers in Russia, was seeking to begin exporting locally-made mild industrial autos to Western Europe earlier than Russia invaded Ukraine.

Reporting by Reuters; Modifying by Jon Boyle

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