Moscow: Russian President Vladimir Putin has extended the embargo on the import of a number of foreign goods for one more year.

‘The government addressed a letter to me, asking me to extend the measures that we took against the actions of some of our partners from several countries. Today, in accordance with this letter, I signed a decree on the extension of certain economic measures in order to ensure the safety of the Russian Federation,’ TASS news agency quoted Putin as saying.

On 1 August 2014, the EU imposed sanctions against the Russian Federation over the events in Ukraine and the Crimea and later extending them.

According to TASS, Moscow was ‘forced to make a decision on counter sanctions’.