Contents tagged with Sanctions
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Canada imposes additional sanctions against Russia
Canada imposed additional sanctions on ten Russian companies and two Russian citizens. This information was posted on the website of the Government of Canada on Friday, March 18th.
The Canadian sanctions list includes Inserbank, Mosoblbank, Volgogradneftemash, Izhevsk Mechanical Plant (IMZ), Izhmash, Tekhnopromexport, Tehmash, Roselektroniks, the holding company Schwabe that is a part of Rostec, and Tekhnopromexport.
The Deputy CEO of Kalashnikov, Edward Joffe, and Chief Export Officer …
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Russia widens agricultural sanctions against Turkey
On Wednesday, Russia expanded agricultural sanctions against Turkey, Radio Svoboda reported. According to the Russian Federal Service for Veterinary and Phytosanitary Surveillance, Rosselkhoznadzor, Turkish pomegranates and sweet peppers were added to the list of banned Turkish products. The agency emphasized that this includes all pomegranates and sweet peppers originating from Turkey, regardless of where the products were shipped from.
"Rosselkhoznadzor introduces on March 17 temporary …
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Brussels warns EU banks against placing Russian Eurobonds
The European Union fears that income from the Eurobonds will be received by Russians who are subject to sanctions. Earlier, a similar warning was issued by the White House.
The European Union appealed to European banks to discourage them from placing Russian Eurobonds as reported in the Financial Times on Monday, March 15th. According to European experts, money raised from the placement of these Eurobonds could be used by Russia "for other purposes," including as a source income for …
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US expert calls for new sanctions against Russia during Senate hearings
Ukrinform reported on Ian Brzezinski’s remarks during recent hearings in the US Senate. Brzezinski, the Senior Fellow in the International Security Program on the Atlantic Council’s Strategic Advisors Group, said that the acting sanctions against Russia weren’t sufficient to make them cease aggression against Ukraine. He added that was reason enough for the West to impose additional restrictions against whole sectors of Russian economy, instead of simply extending them.
“The West should get to …
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US State Department calls on Russia to implement Minsk Agreements and release Nadiya Savchenko
According to Victoria Nuland, Assistant Secretary of State for European and Eurasian Affairs at the United States Department of State, Washington demands that Russia fulfill the requirements of the Minsk Agreements. The Assistant Secretary also called on Moscow to release Nadiya Savchenko.
The US administration intends to uphold sanctions against Russia that were imposed due to the annexation of Crimea, stated Nuland on Tuesday, March 15th. "We will continue to cooperate with Ukraine on the …
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EU Foreign Ministers agree on five principles for cooperation with Russia
The EU Diplomacy Chief stated that member states support the five key principles for building relations with Russia. Italian and Hungarian Foreign Ministers spoke out against the automatic prolongation of sanctions against Moscow.
On March 14, at the EU’s Foreign Affairs Council meeting in Brussels, the High Representative of the EU for Foreign Affairs and Security Policy, Federica Mogherini, discussed with the Foreign Ministers of the member states the five principles for cooperation with …
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Russia plans to set up legal entity to circumvent sanctions against Crimea
The Russian Federation plans to set up a legal entity to work with foreign companies in the Crimea. This will allow companies to do business in Crimea without fear of violating economic sanctions, as stated by the Russian-controlled head of the Crimea, Sergey Aksyonov, Krym.Realii reported.
"The technicality of the arrangement provides for the creation of a legal entity within Russia that will work with foreign companies who wish to do business in Crimea,” said Aksyonov. He did not disclose …
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18 tons of Polish mushrooms were destroyed in Russia
In a food storehouse in the Rostov region of Russia, police and officers of the Rosselkhoznadzor (Federal Service for Veterinary and Phytosanitary Surveillance) discovered a truck loaded with fresh mushrooms—a food item on Russia’s sanctions list.
Donnews.ru reported that according to the Rosselkhoznadzor, the cargo of fresh mushrooms were packed in plastic containers and weighed a total of 17 tons, 720 kilograms. Some of the package labels indicated Macedonian origin, but further …
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EU decides to extend sanctions against Russians and separatists for another 6 months
On March 9th, TASS reported that, according to a source in the EU Council, the ambassadors of the 28 EU countries at the planned meeting in Brussels decided to extend the blacklist sanctions against Russia and self-proclaimed republics in the East of Ukraine for another six months.
"Permanent representatives to the EU today approved the extension of the sanctions for six months," the source said, noting that now the decision must be officially approved by all 28 EU member states, and then …
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Russian media confirmed that the EU will remove only deceased individuals from sanctions list
Only three people will be removed from the EU sanction list- people who have died since the sanctions were first imposed. These sanctions were placed on individuals and organizations who were found guilty of violating the territorial sovereignty of Ukraine.
This was reported by Interfax, citing its own sources in the EU.
According to the news agency, the EU Committee of Permanent Representatives (COREPER) will meet on Wednesday in Brussels. They will then approve the decision to extend …