Friday, February 24, 2012

Ukrainian Parliament Authorizes Trade Wars

Ukraine’s Supreme Rada (parliament) adopted a law allowing Ukraine to introduce counter-measures against “discriminatory or unfriendly actions of foreign states.” Now the Ukrainian government will be able to introduce the licensing of exports, and the Rada will be able to introduce trade embargos. Apparently, the legislators had in mind some actions of Russia, such as the recent ban of certain types of Ukrainian cheese.

http://lenta.ru/news/2012/02/23/embargo1/

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