Vladimir Putin Introduced Strict Restrictions on Cash Exports to EAEU Countries

Елена Краснова Exclusive
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Vladimir Putin has imposed strict restrictions on cash withdrawals to EAEU countries


Vladimir Putin, the President of the Russian Federation, has signed a decree that significantly alters the rules for the export of cash and precious metals from the country to the states of the Eurasian Economic Union, including Kyrgyzstan. These measures are being implemented to protect Russia's economic security and national interests. Starting from April 1 of this year, there is a limit of $100,000 on cash exports for individuals. For individual entrepreneurs and legal entities, the ban on cash exports will apply regardless of the amount.

Exceptions are made for those using international airports to cross the border. In such cases, it will be necessary to provide a bank statement confirming that the funds were withdrawn from a bank account. Additionally, starting from May 1, there will be a ban on the export of gold bars weighing more than 100 grams to Armenia, Belarus, Kazakhstan, and Kyrgyzstan, affecting both individuals and companies.

To export gold through the largest Moscow airports—Vnukovo, Domodedovo, and Sheremetyevo, as well as through the Knevichi airport in Vladivostok—special permission from the relevant state authorities will be required. This rule will also apply to individuals, even if they plan to export gold bars to countries outside the EAEU.

Experts link the introduction of such measures to the Kremlin's intention to prevent uncontrolled capital flight and stabilize the domestic market for precious metals. For citizens of Kyrgyzstan working in Russia or engaged in cross-border business, the new rules mean the need for more careful financial planning and the availability of relevant documents from banks.
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