On December 28, 2015 President Putin issued new Decree No. 669 (“Decree No. 669”) supplementing the foreign trade sanctions against Turkey that were imposed earlier by Presidential Decree No. 583, dated November 28, 2015. Pursuant to Decree No. 669, provision of certain services and performance of certain work by Russian legal entities should be prohibited or restricted, if such legal entities are controlled by Turkish persons. For the purposes of the above, control should be…

On November 28, 2015 President Putin signed Decree No. 583 “On Measures to Ensure State Security and Protection of Russian Citizens from Criminal and Other Unlawful Actions and on Application of Special Economic Measures in relation to the Republic of Turkey”. Decree 583 announces a number of temporary restrictive measures (although this period is not defined) in the sphere of Russian – Turkish economic relations, as follows: Introduces an import ban on certain Turkish-origin products…

As of November 26, 2015 Russia has started imposing trade restrictions on Turkey. Specifically, as announced by Russian media, Prime Minister Medvedev has requested the Government to prepare within the next 2 calendar days a step list of actions that should be undertaken against Turkey. Most likely, those measures will than be shaped into a President’s Ordinance or a Governmental Decree. Based on preliminary comments by Russian public officials, it is highly likely that the Turkish-origin…

On August 25, 2015 the Russian Federal Service on Supervision in the Sphere of Consumer’s Rights Protection and Human Wellbeing (“Rospotrebnadzor”) issued a letter informing that its recent laboratory tests unveiled that household clearing detergents supplied by foreign companies do not meet toxicological safety standards and, therefore, distribution of such products must be suspended (the “Letter”). The Letter listed the following companies as suppliers of inconsistent products: “Henkel Rus” LLC, “Nevskaya Kosmetika” LLC, “ESP Contract…