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Russia announced today that all business agreements with companies, but also with individuals from countries classified as “unfriendly”, must now be approved by a government committee following a decision by the Russian government.
The list of countries:
Australia
Canada
European Union
Iceland
Japan
Monaco
Montenegro
New Zealand
Norway
Taiwan
San Marino
Singapore
South Korea
Switzerland
Ukraine
United Kingdom
United States of America
Russia’s “black list” follows a March 5 presidential decree allowing the Russian government, companies and citizens to temporarily settle their foreign currency debts to “unfriendly countries” in rubles.
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