The new tariffs and sanctions will take effect on April 25.
Government of New Zealand > announced the introduction of a 35 percent tariff on all imports from Russia. New Zealand will also extend existing export bans on industrial products that are closely linked to Russia's strategic industries, the New Zealand government said in a statement.
The New Zealand government also noted that it is currently the country's “strongest economic response” to Russia's full-scale invasion of Ukraine.
New Zealand continues to respond to Putin's senseless acts of aggression, “said Foreign Minister Nanaia Mahuta.
New Zealand's Minister of Trade and Export Growth Damien O'Connor added that under the Sanctions Act against Russia, Wellington would apply tariffs to all imports from Russia and ban the export of industrial products, including ICT equipment and engines, “showing a clear signal that New Zealand will not fund or support Russia's military machine. “
O'Connor also noted that tariff increases and trade sanctions have complemented measures taken by the international community and Ukraine to put maximum pressure on the Putin regime. and force him to cease hostilities.
It is noted that the new tariffs and sanctions will take effect on April 25.
Read also: Australia, Japan and New Zealand impose new sanctions against Russia
Earlier it was reported that the government New Zealand has agreed on almost $ 5 million in non-lethal military assistance to Ukraine.
Australia, Japan and New Zealand have also imposed sanctions against Russia. politicians, businessmen, the defense and banking sectors.
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