Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar.

The Office of Foreign Assets Control (OFAC) of the US Treasury recently published a new general license dated March 24, which effectively removed restrictions on the import of Russian fertilizers.

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The document authorized transactions relating to the exportation and re-exportation of agricultural commodities, banned last month by Washington’s ‘Russian Harmful Foreign Activities Sanctions Regulations’.

The list of agro-related products now exempt from sanctions includes food for humans, live animals, vitamins and minerals, food additives and supplements, seeds for food crops, fertilizers, and reproductive materials.

Exemptions also cover medicine, medical devices, software updates, and replacement parts for medical devices and Covid-19-related medical components. Analysts say the EU may soon mirror the measure.

RT. com / ABC Flash Point News 2022.

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Kropotkim
Kropotkim
Guest
03-04-22 12:27

Make them pay for fertilizer in rubles. Don’t waste this opportunity to destroy the global dollar trade.

Spanky
Spanky
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Reply to  Kropotkim
03-04-22 16:49

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Barry24
Barry24
Guest
03-04-22 12:28

They blindly shot themselves in the head. The petrodollar and the Russian gas backed euro are burning off too fast due to the foolish Western sanctions on Russia. Actually, agricultural products exemption, will be followed with gas and oil exemptions to save the dollar and the euro.

Spanky
Spanky
Guest
Reply to  Barry24
03-04-22 16:50

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Spanky
Spanky
Guest
03-04-22 12:29

The US is made up of stupid people telling stupid people what to do. That is the number one sign of the end of and empire. US empire is in the shit house.