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Nike finally put an end to the Russian market – UNIAN

The American brand of sportswear and footwear Nike closed sales in Russia in response to military aggression against Ukraine.

Hundreds of international companies have decided to leave the Russian market / REUTERS illustration

After four months of a full-scale Russian military invasion of the territory of independent Ukraine, the American sportswear manufacturer Nike stated that it is completely leaving the Russian market.

This is reported Reuters.

The company will not open stores in the country and will prohibit Russian users from accessing its mobile application and official website.

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War in Ukraine and Nike:

On February 24, 2022, Russia launched a full-scale military invasion of the territory of independent Ukraine.

At the same time, hundreds of international companies have decided to leave the Russian market.

On March 1, 2022, the American sportswear and footwear brand Nike closed sales in Russia in response to military aggression against Ukraine.

The sixth package of sanctions against the Russian Federation:

4 May 2022 European Commission President Ursula von der Leyen introduced the sixth package of sanctions EU versus Russia, including an oil embargo and the disconnection of Sberbank from SWIFT.

Against the introduction of a ban on the supply of Russian oil Hungary is in favor.

May 29 Bloomberg citing sources reportedthat the European Commission suggests that the EU countries refuse to import Russian oil by sea, at the same time postponing restrictions on its import from the key pipeline “Druzhba”.

Subsequently the European Union agreed on a partial embargo on Russian oil.

The agreement to ban the export of Russian oil to the EU covers more than 2/3 of oil imports from Russia, reducing a significant source of funding for its military machine.

In addition, the new package of European sanctions includes cutting off the Russian Sberbank from the SWIFT international interbank system, blocking the broadcast of three more Russian state broadcasters in the EU, and imposing sanctions on those responsible for war crimes in Ukraine.

On June 1, 2022, French President Emmanuel Macron announced that by the end of 2022 the European Union would reduce Russian oil imports by 92%. Macron noted that he also does not exclude embargo on supplies in the EU gas from Russia.

On June 2, economic analyst Mikhail Krutikhin announced that in Russia talking about closing oil refineries. On the same day, US President Joe Biden said that the US and the EU are discussing the possibility of buying Russian oil. at a price below the market.

3 June EU final approved the sixth package of sanctions against Russia.

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