Putin signed a decree on the introduction of a special procedure for the export of gold bullion
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- Putin signed a decree on the introduction of a special procedure for the export of gold bullion
Russian President Vladimir Putin has signed a decree banning the export of refined gold bars weighing more than 100 grams from Russia. The relevant document was published on March 25 on the official Internet portal of legal information.
"To establish from May 1, 2026 a ban on the export from the Russian Federation by individuals, legal entities and individual entrepreneurs of refined gold bars with a total weight of more than 100 grams," the document says.
Exceptions are provided for export through certain international airports (Vnukovo, Domodedovo, Sheremetyevo and Vladivostok) in the presence of the conclusion of the Federal Assay Chamber.
According to the document signed by the president, starting from April 1, individuals are also prohibited from exporting cash rubles in excess of $100,000 from the country to the EAEU, except in cases when export is carried out through air checkpoints at international airports of the Russian Federation with bank statements.
Earlier, on January 30, the Ministry of Finance proposed, as part of a plan to whitewash the economy, to set a limit of 1 million rubles for individuals to replenish accounts through ATMs and other technical devices. The economist noted that the new measures to limit cash turnover can only partially slow down this process, since the bulk of transactions still pass through the cash desks of bank branches.
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