In addition to measures under the Presidential Executive Order No. 79, On Imposing Special Economic Measures in Connection with the Hostile Actions of the United States in League with Other Foreign States and International Organisations, dated February 28, 2022, Executive Order No. 81, On Additional Temporary Economic Measures to Ensure Russia’s Financial Stability, dated March 1, 2022, and Executive Order No. 126, On Additional Temporary Economic Measures to Ensure the Financial Stability of the Russian Federation in Foreign Exchange Regulation, dated March 18, 2022, the President resolved that when making settlements under foreign trade contracts for the supply of Russian agricultural products concluded between residents participating in foreign economic activity and foreign buyers at auctions, it is permitted to use special Z-type ruble accounts and special Z-type currency accounts. The list of such products is to be approved by the Government of the Russian Federation.
Documents
Executive Order on special procedure for settlements under foreign trade contracts for Russian agricultural products supply
Vladimir Putin signed Executive Order On Special Procedure for Settlements under Foreign Trade Contracts for the Supply of Russian Agricultural Products.