Putin Bans Cash Export Over 1 Million Rubles to Certain Countries
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Russian President Vladimir Putin has signed a decree banning individuals from exporting more than 1 million rubles in cash from Russia to the Eurasian Economic Union (EAEU) countries, Azerbaijan, Tajikistan, and Uzbekistan. Legal entities and individual entrepreneurs are prohibited from exporting any amount to these countries. Exceptions include exporting through certain government-designated international airports with banking documents confirming the cash withdrawal from the account of the person exporting it. Upon violation, cash exceeding 1 million rubles will be seized from individuals, and all exported cash will be seized from legal entities and individual entrepreneurs.
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