` German Government has Frozen Military Exports to Russia over Connection with situation in Ukraine ‘

#AceFinanceNews – UKRAINE – The German government has frozen military exports to Russia in connection with the situation in Ukraine, Germany’s Economy Ministry reportedly said in response to a request of the opposition Greens party.

According to German media, 69 export requests worth 5.18 million euro ($7.16 million) have been blocked.

“Because of the current political circumstances, no export licenses for defence goods for Russia are being granted.

Furthermore, Germany has launched a study into what can be done about export licenses previously granted,” the ministry replied to the Greens’ request, Reuters reported.

Die Spiegel – Reuters – RT News

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#german, #ukraine