Russia to Ban Imports of Cars, Heavy Equipment, Metallurgy Products: Reports

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- Russia is preparing to bar state-run companies from importing vehicles, heavy equipment and metallurgy products, an influential Russian daily said Sunday.
According to the data, obtained by the Kommersant newspaper from the Russian ministries of industry and trade, and economic development, Russia's state-owned companies will be prohibited from buying certain foreign-made industry products that have Russian analogues.
The Ministry of Industry and Trade confirmed to the paper it had drafted a "general directive," which will apply to companies that are 50 percent or more owned by the Russian government, although no list was revealed.