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

A new legislation banning imports of a large amount of US goods and services to Russia has been drafted by Russian lawmakers in response to new sanctions imposed the United States.

The draft law proposes restriction on imports of U.S.-made software and farm goods, U.S. medicines that can be sourced elsewhere, and tobacco and alcohol.

The draft will be debated in the
lower house of the country's parliament, the State Duma, next week but it is not clear if the measure would become law.

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

These retaliatory measures will further restrict economies ties between both countries, after the US imposed the toughest set of sanctions on Russia since Moscow’s annexation of Ukraine’s Crimea region.

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