Economics

Russia has banned the export of petrochemical products outside the EAEU

Moscow has placed temporary restrictions on the export of certain petrochemical products in order to supply local industrial enterprises with raw materials. This will apply to goods exported to countries outside the Eurasian Economic Union.

Russia restricts exports of petrochemical products outside the EAEU

The Russian government has temporarily banned the export of certain petrochemical products outside the territory of the Eurasian Economic Union. This was reported by "RIA Novosti".

"According to the government statement, this decision is aimed at maintaining a stable supply of raw materials to Russian industrial enterprises," the report states.

The temporary restriction will remain in effect for three months. The ban applies to the following products:

- coal and petroleum benzene;

- toluene;

- orthoxylene and paraxylene;

- phenol.

These substances are used in machine building for the production of coatings, food packaging, insulation materials for cable products, as well as in the medical industry.

The government clarified that the ban does not apply to international transit, humanitarian aid, or products supplied to Russian organizations on the Svalbard archipelago.

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