New Zealand imposes a 35% tariff on all Russian imports

New Zealand imposes the most significant sanctionsagainst Moscow. The country has set a 35% tariff on imports from RUSSIA,

The New Zealand authorities have introduced a 35% tariff on all imports from Russia, and have also expanded existing restrictions on exports. This was reported on the website of the New Zealand government.

“The government has announced that it will apply 35% tariffs on all imports from Russia and extend existing EXPORT bans to products closely associated with Russia's strategic industries. This is New Zealand's most significant economic response to the Russian invasion to date.

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New Zealand's previous sanctions have targeted Russian officials. In particular, the government banned Russian President Vladimir Putin, Prime Minister Mikhail Mishustin, Foreign Minister Sergei Lavrov and Defense Minister Sergei Shoigu from entering the country. In total, 364 people were included in the list.

In addition, New Zealand has introduced restrictions against 19 Russian legal entities. Under the sanctions, among others, were Uralvagonzavod, the Almaz-Antey concern, PSB.