The decree signed by President Vladimir Putin covers imports from Turkey, the work of Turkish companies in Russia and any Turkish nationals working for Russian companies.
It also calls for an end to charter flights between Russia and Turkey.
Turkish President Recep Tayyip Erdogan has refused to apologize to Russia.
On November 27, Recep Tayyip Erdogan accused Moscow of “playing with fire” in its Syria operations. However, on November 28, the Turkish said he was “saddened” by the downing of the Russian fighter jet.
Turkey and Russia have important economic links. Russia is Turkey’s second-largest trading partner, while more than three million Russian tourists visited Turkey in 2014.
Vladimir Putin’s spokesman Dmitry Peskov said on November 28 that there were close to 90,000 Turkish nationals working in Russia. Taking family members into account, that figure rises to 200,000, he said.
The decree also urges Russian tour operators to refrain from selling packages to Turkey, while Turkey’s Foreign Ministry has warned its citizens against non-essential travel to Russia “until the situation becomes clear”.
On November 27, Russia suspended its visa-free arrangement with Turkey.
Recep Tayyip Erdogan has asked for a meeting with Vladimir Putin, who wants an apology from Turkey before he will agree to talks.
Turkey says the Russian plane had intruded into its airspace and ignored warnings to leave.
Moscow maintains that its SU-24 fighter jet was downed by a missile fired from a Turkish jet inside Syria.
Vladimir Putin has also firmly rejected any suggestion Turkey did not recognize the plane as Russian. He said it was easily identifiable and its co-ordinates had been passed on to Turkey’s ally, the US.
Russia has sent troops and aircraft to Syria to back up the Syrian government of Bashar al-Assad in the civil war.
Turkey, which is a member of NATO and of a US-led coalition in the region, insists Bashar al-Assad must step down before any political solution to the Syrian conflict is found.
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