Russian President Vladimir Putin has signed a decree introducing new restrictions on the export of cash and precious metals from the country. The measures, set to take effect from April 1, 2026, are purportedly aimed at strengthening capital flow controls, ensuring transparency in financial transactions, and bolstering Russia's financial system amid ongoing economic challenges.
Under the new rules, individuals will be allowed to carry cash equivalent to up to $100,000 to countries of the Eurasian Economic Union (EAEU) – Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Individual entrepreneurs and legal entities will face a complete ban on transporting cash rubles by train or car – they will only be permitted to export money through Russia's international airports. All categories of citizens are required to verify the origin of funds with bank documents and declare the purpose of their use abroad.
Starting May 1, 2026, restrictions will be imposed on the export of gold bars weighing more than 100 grams. Legal entities and entrepreneurs will only be able to ship them to EAEU countries with special permits and exclusively through Sheremetyevo, Domodedovo, Vnukovo, and Knevichi airports. For individuals, the new rules apply not only to EAEU countries but also to other states.
Analysts suggest these measures are intended to tighten financial oversight and prevent the illicit outflow of precious metals. However, the implementation of such restrictions is likely to create additional bureaucratic hurdles for businesses and citizens, potentially hampering cross-border trade and investment flows. The move reflects the Russian government's broader efforts to assert greater control over its economy in a period of geopolitical tension.
Previously, Putin signed a federal law prohibiting the extradition of foreigners and stateless persons who have served or are serving under contract in the Russian Armed Forces and participated in combat operations. These decisions underscore the administration's increasingly stringent approach to financial and security policies.
Source: podrobno.uz