Russian President Vladimir Putin issued retaliatory economic sanctions in response to the “unfriendly actions of certain foreign states and international organizations,” Moscow announced Tuesday.
The announcement didn’t spell out the individuals or organizations that would be affected and said that the government will approve the list of those under sanctions in the next 10 days.
The new law would prohibit financial transactions and also ban the export of products and raw materials to those sanctioned. In the next 10 days the government will also need to define “additional criteria” for classifying transactions that could be subject to restrictions.
Last week, Russia sanctioned 287 British lawmakers and banned them from entering the country, NBC News reports.
