Russia’s lawmakers propose bans on U.S. imports and investments

The draft proposed restricting imports of U.S.-made software and farm goods, U.S. medicines that can be sourced elsewhere, and tobacco and alcohol.

April 13, 2018 01:50 pm | Updated 04:51 pm IST - MOSCOW:

 Russian Prime Minister Dmitry Medvedev delivers a speech during a session at the State Duma, the lower house of parliament, in Moscow, Russia.

Russian Prime Minister Dmitry Medvedev delivers a speech during a session at the State Duma, the lower house of parliament, in Moscow, Russia.

Russian lawmakers said on Friday they had drafted legislation in response to new U.S. sanctions that proposes banning imports of a raft of U.S. goods and services to Russia, and restricting economic ties.

The draft law is to be discussed in the lower house of the Russian parliament next week.

The draft proposed restricting imports of U.S.-made software and farm goods, U.S. medicines that can be sourced elsewhere, and tobacco and alcohol.

Russian lawmakers also said they proposed a ban on cooperation with the United States on atomic power, rocket engines and aircraft making. The draft also proposed barring U.S. firms from taking part in Russian privatization deals.

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