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President Vladimir Putin has signed a decree suspending Russia's double taxation agreements with what it calls "unfriendly countries" - those that have imposed sanctions on Moscow - the state news agency RIA reported on Tuesday.
The measure had been proposed by the Finance Ministry and the Foreign Ministry in March.
Western countries have imposed successive waves of economic sanctions on Russia in response to its invasion of Ukraine in February last year, which it calls a "special military operation".
(Reporting by Reuters; Writing by Kevin Liffey; Editing by Jon Boyle)