Russia has banned the export of some chemicals to Ukraine
On April 10th, the Ukrainian government claimed to restrict the import of some products from Russia, including chemical products such as formalin, urea-formaldehyde concentrate, and urea-formaldehyde resin. Besides, Ukraine will expand restrictions on Russian product imports. In June last year, the Ukrainian government decided to impose anti-dumping duties on Russian products imports, which has greatly affected the import of oleum, sulphur and urea-formaldehyde resin. In response, the Russian government has taken new restrictive measures and expanded the product list prohibited to export to Ukraine. In order to defend its own interests and take retaliatory measures, Dmitry Medvedev, the prime minister of Russia, signed a government decree on this, in which the banned items on export from Russia to Ukraine include petrochemicals, thane, benzene, methylbenzene, o-xylene, xylol, earth pitch, bitumen, petroleum coke, ethylene, propylene, butylene, butadiene, bituminous mastic and other products. In addition, some products must obtain special permissions before they are be allowed to export to Ukraine. Ukrainian economic and trade department said that the government was expanding domestic production, and strengthening the imports from other countries, such as European Union. In general, the restrictive policies between Russia and Ukraine provide more trade opportunity for other countries.