Vladimir Putin puts West on notice

6 May 2022, 12:35 pm
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Russian President Vladimir Putin put the West on notice that he could terminate exports and deals, the Kremlin`s toughest response yet to the sanctions burden imposed by the United States and allies over the Russian invasion of Ukraine.

Putin, Russia`s paramount leader since 1999, signed a broad decree on Tuesday which forbade the export of products and raw materials to people and entities on a sanctions list that he instructed the government to draw up within 10 days.

The decree, which came into force with its publication, gives Moscow the power to sow chaos across markets as it could at any moment halt exports or tear up contracts with an entity or individual it has sanctioned.