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KIEV, December 29. /TASS/. Ukraine’s ministry of economic development and trade has drawn a list of food products from Russia to be banned for importing from January 10,2016, the ministry’s press service said on Tuesday.
"It is planned to introduce most favored nation treatment import tax on Russia-manufactured products from January 2, 2016 and to ban imports of a number of such products from January 10, 2016," the press service said.
The imports ban is applicable to 43 types of products, including bakery products, pastries, chocolates, meat, fish, coffee, black tea, baby foods, cigarettes, beer, and other products.
Earlier on Tuesday, Ukraine’s President Petro Poroshenko signed the law On Foreign Economic Activity that vests the government with the authority to apply economic sanctions against Russia.
The law was passed in parliament on December 24. In line with the document, the Cabinet of Ministers can take "additional measures" in case of "discriminatory or unfriendly action from a state deemed by Verkhovna Rada as aggressor".
In particular, the government will have the right to "impose a ban on foreign economic operations or restrict them" as well as cancel tariff preferences.
Prime Minister Arseniy Yatsenyuk said Kiev was ready for a tit-for-tat response if Russia imposed its trade embargo on January 1, 2016.
The parliament passed the document as a response to the Russian law on suspension of a treaty for creating a free trade zone with Ukraine as of January 1, 2016 in view of exceptional circumstances affecting Russia’s interests and economic security and requiring the adoption of immediate measures.