Canada expands sanctions against Russia

28 types of services and seven industries fell under the restrictions, including the extraction of oil, gas, coal and metals, as well as the production of coke and chemicals

Canada has expanded sanctions against the Russian oil and gas and chemical industries, according to a statement from the Canadian Foreign Ministry. In particular, the provision of a number of services to Russian companies from these areas was banned.

In total, 28 types of services and seven industries fell under Canadian restrictions, including:

  • coal mining and lignite;
  • extraction of crude oil and natural gas;
  • extraction of metal ores;
  • other mining;
  • supporting services activities mining;
  • manufacture of coke and refined petroleum products;
  • manufacture of chemicals and chemical products.

Services include construction works, trade in fuels, metals, building materials, fuel oil and related products, freight transport, research and development, housing services, as well as services in the advertising, computer and engineering fields.

“Any person in Canada and any Canadian outside of Canada is prohibited from knowingly engaging in any act that promotes or assists <…> any activity prohibited by these sections, — the Foreign Ministry said in a statement.

Since the beginning of the military operation in Ukraine, Canada has already announced several packages of sanctions against Russia. In particular, in March, Ottawa imposed sanctions against Russian businessmen Roman Abramovich and Alisher Usmanov, the head of the Central Election Commission, Ella Pamfilova, as well as the Ministry of Defense, the SVR, the Sukhoi company; and others. In the same month, Canada announced restrictions on 160 members of the Federation Council, and in early April— against the head of Norilsk Nickel Vladimir Potanin, head of NOVATEK Leonid Mikhelson, founder of the Renova group; Viktor Vekselberg and six other Russians.

On May 18, Canadian Public Safety Minister Marco Mendicino announced that all Russians under sanctions would be banned from entering the country, including President Vladimir Putin. Two days later, Ottawa expanded the sanctions list to include 14 Russians, including Russian Railways chief Oleg Belozerov. Then Canada banned the import of luxury goods from Russia, in particular alcoholic beverages, seafood, fish and diamonds.

Read on RBC Pro Pro How to Work Less and Be More Productive: 4 Tips Pro Articles The IRS thinks the cost per manager is too high. How to be Pro instructions In the regions – for savings: what will happen with the opening of new offices outside the capitals Articles Pro How to identify your strengths and talk about them at an interview Instructions Pro Let's break through: three keys to success in strategic planning Instructions Pro The US market has reached a fair valuation. This is evidenced by “Rule 20” Articles Pro Success according to Freud: how a hot dog stand became a fast food empire McDonald's Articles

The last time Canada expanded sanctions on May 31— then 22 individuals were subject to restrictions, as well as Rosselkhozbank, Investtorgbank and management companies of the Russian Direct Investment Fund and the Russian Venture Company.

In response, the Russian Foreign Ministry imposed sanctions on Canadian Prime Minister Justin Trudeau, his wife and over 300 other Canadians. President Vladimir Putin has previously pointed out that “the sanctions that are being introduced are akin to a declaration of war.” However, according to him, the situation did not reach a complete crisis with the “partners” either. countries “there is an understanding of what this is fraught with and what threatens everyone.”

Authors Tags Subscribe to RuTube RBC Live broadcasts, videos and recordings of programs on our RuTube channel


Leave a Reply

Your email address will not be published.