Canada expands sanctions against Russia

The Government of Canada has updated the sanctions lists, adding 62 more Russian individuals and one company in the defense sector to them, about this declared Prime Minister Justin Trudeau during an online speech at the Crimean Platform Summit.

“Today we are announcing new sanctions against 62 more people and one organization in the defense sector. [РФ]who are involved in the Russian war in Ukraine,” Trudeau said. He did not specify who specifically fell under the sanctions.

After the start of the special operation in Ukraine, Canada joined the sanctions of Western countries against Russia. The West imposed restrictions on Russian companies, businessmen and officials, banned the export of certain types of goods to and from Russia, closed its airspace and ports to Russian transport, and froze the reserves of the Central Bank.

On May 31, Canadian authorities imposed personal sanctions against 4 legal entities and 22 Russian citizens, including the head of the board of directors of the National Media Group, Alina Kabaeva. Subsequently, Canada also imposed sanctions on July 15 on Russia’s oil and gas, chemical and manufacturing industries.

August 2 Government of Canada added in the sanctions list of 43 individuals and 17 legal entities from the Russian Federation. It included Anton Anisimov, head of international broadcasting of the Sputnik news agency and radio. The rest of the individuals on the list are Russian soldiers from the 65th motorized rifle brigade of the 35th combined arms army. Among the legal entities, the Almaz and Salyut research and production enterprises, the Perm plant Mashinostroitel, the Ural Research Institute of Composite Materials, etc., fell under the sanctions.

Subscribe on Vedomosti on Telegram and stay up to date with the main economic and business news.