Russia has responded to U.S. sanctions imposed in April 2018 by passing legislation that grants the Russian government authority to implement restrictive measures against foreign entities and individuals. This new law does not in itself impose restrictions. Rather, it provides a general framework for presidential action.
The legislation targets:
- Foreign states engaging in unfriendly acts toward Russia
- Entities controlled by or affiliated with such states
- Government officials and citizens of hostile nations
Permitted Countermeasures
- Suspending international cooperation
- Prohibiting or restricting imports of specific products or raw materials
- Restricting exports by foreign entities
- Prohibiting foreign involvement in privatization of state property
- Other measures determined by the Russian president
The framework mirrors similar U.S. sanctions legislation, providing flexibility in responses to Western economic pressure.