Contents tagged with Sanctions

  • Russia expands its anti-Western sanctions

    Russia has banned the importation of live pigs and cattle by-products from the European Union, the United States, Canada and several other countries, as stated in a decree by the Russian government.

    The ban will be valid until December 31, 2018 for the countries of the European Union, the USA, Canada, Australia, Norway, Ukraine, Albania, Montenegro, Iceland and Liechtenstein.

    "The imposed restrictions on the import of goods will not affect the domestic needs of Russia," the resolution says. …

  • Daughter of Putin’s university teacher suggests that Latvia should impose sanctions on her father

    Former top manager of PhosAgro, Igor Sychev, and the daughter of the rector of the St. Petersburg National Mineral Resources University, Vladimir Litvinenko and former Deputy of the Legislative Assembly of St. Petersburg, Olga Litvinenko, gave a speech to the Latvian Parliament (Saeima), as she indicated by Dozhd (Rain) TV.

    Sychev and Litvinenko addressed the deputies of the Saeima and representatives of the Support for Russian Civil Society group. They discussed the methods that the Russian …

  • Media: Dutch authorities investigating possible involvement of Dutch companies in construction of Kerch Bridge

    Dutch authorities will verify the legality of the participation of two Dutch companies in the construction of the bridge across the Kerch Strait, as stated by the Minister of Foreign Trade and Development Cooperation of the Netherlands, Lilianne Ploumen, reported Dutch state broadcasting organization NOS.

    According to Lilianne Ploumen, even if there were no violations of the law, the Dutch government "expects that companies will conduct international business that is socially responsible." She …

  • Main Crimean bank may lose access to SWIFT payment system due to loss of its software license

    The British company Finastra, which produces software that allows banks to access SWIFT (Society for World Interbank Financial Telecommunication) system, discovered that one of its clients was the Russian National Commercial Bank (RNCB) operating in the Crimea and decided to stop this cooperation.

    According to Russian Vedomosti newspaper, the bank can switch to another interface for accessing SWIFT, but if it does not manage to do this before August 31 when the license for the Finastra …

  • Kremlin: Russia is preparing retaliatory measures in response to US sanctions

    The Russian Foreign Ministry is preparing to take countermeasures after the U.S. Department of the Treasury added four Russian citizens to the North Korea sanctions list, stated Deputy Foreign Minister Sergei Ryabkov, as reported by the press service of the ministry.

    "The trend that had been set by the Barack Obama administration for a consistent undermining of bilateral relations has resumed. This is already the fourth such excess since the arrival of a new team into the White House. The …

  • US introduces sanctions against four Russians over North Korean ties

    The US has added four Russians and one Russian company to the North Korea sanction list, the Ministry of Finance website announced on Tuesday, August 22.

    Russian citizens Irina Huish, Ruben Kirakosyan, Mikhail Pisklin and Andrey Serbin were placed under sanctions. The list also includes Russian company Gefest-M, which the US treasury claims is connected to the Korean Tangun Trading Corporation. As mentioned on the US treasury website, Ruben Kirakosyan is connected to Gefest-M.

    In addition, …

  • Ukrainian Security Service uncovers an illegal ring exporting military aircraft parts to Russia

    In the Kharkiv region, the Security Service officers exposed the supply channel of repaired units and equipment for military transport aviation to Russia, as reported by the press service of the SBU (Security Service of Ukraine) on Facebook.

    "Law enforcement officers established that a group of businessmen were using account details of economic entities under their control in Ukraine and the Russian Federation. They registered orders under legitimate Russian business entities, including those …

  • Russian court refuses to seize turbines at Siemens’ request

    The Moscow Arbitration Court refused to seize the Siemens-produced turbines which were shipped to annexed Crimea in circumvention of sanctions, the Dozhd TV channel reported with reference to a court file.

    Furthermore, the court refused to prohibit the mounting of these turbines. Their seizure was specified as a security measure in the lawsuit.

    The consideration of Siemens’ case against the corporate structures of Rostec, who relocated the turbines to the peninsula, has been scheduled for …

  • Media: Iran shipped heavy weaponry components to Russia despite UN sanctions

    Iran shipped components of heavy weapons to Russia despite the UN Security Council sanctions. As Welt am Sonntag (the Sunday edition of Die Welt) reported with reference to sources in western intelligence agencies, the Iranian weaponry came to Russia through Syria.

    According to the article, in June two Iranian planes landed at the air base in Khmeimim, Syria, where the Russian aviation forces are based. The planes brought heavy weaponry components for further transportation to Russia. The …

  • Lavrov: Russia will respond to US sanctions

    Russia intends to respond to all unfriendly actions of the US, as stated by Russian Foreign Minister Sergei Lavrov following a meeting with US Secretary of State Rex Tillerson in Manila, Russian Foreign Ministry reported.

    The representatives of the Russian Federation and the United States discussed the crisis in relations at the meeting. In this regard, Lavrov said that “the US bill on sanctions against Russia had become another link in a chain of steps that are unfriendly and dangerous to …