Kremlin says no concrete measures yet after Putin's metals exports ban proposal

investing.com 13/09/2024 - 10:09 AM

Putin's Proposal on Metal Exports

MOSCOW (Reuters) – President Vladimir Putin's proposal to restrict exports of Russian metals invites officials to ponder over it, as there are currently no concrete measures, Kremlin spokesman Dmitry Peskov stated on Friday.

Peskov described the proposal as a response to Western economic sanctions, clarifying that it does not relate to Ukraine's utilization of Western long-range missiles.

> "These are completely unrelated things. This is related to the practice of illegal trade restrictions, attempts to constantly resort to new and newer restrictions in trade against our country," Peskov remarked.

He noted that, "There are no specifics yet; it was a proposal to think about it without harming ourselves, without damaging our own interests. They (the government) will consider it."

During a government meeting on Wednesday, Putin suggested that Russia should contemplate limiting exports of several commodities, including uranium, titanium, and nickel.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63