On September 8, 2022, it became known, that the United States has imposed sanctions on three Iranian companies that produce attack drones for the Russian army and against a company that coordinated the delivery of drones to Russia. Source: US Department of the Treasury “Russia is making increasingly desperate choices to continue its unprovoked war […]
Continue ReadingTag Archives: sanctions
Russian banks lost $25 billion due to sanctions
Deputy Chairman of the Russian Central Bank noted on September 2, 2022, that 40% of Russian “systemically important banks”, which are the largest in the country and have higher capital adequacy requirements, disclosed their losses in the first half of this year. Source: Deputy Chairman of the Russian Central Bank Dmytro Tulin Russian banks lost […]
Continue ReadingUkrainian government approved sanctions against Belarus and Russia, included Putin’s daughters
The press service of the Ministry for Reintegration of the Temporary Occupied Territories of Ukraine noted that the Cabinet of Ministers of Ukraine at its meeting on September 2, 2022, approved a new package of sanctions, which applies to 99 individuals and 178 legal entities, including the daughters of Russian President Vladimir Putin. Source: The […]
Continue ReadingNorway joined the seventh package of EU sanctions against Russia
Ministry of Foreign Affairs of Norway noted on August 26, 2022, that Norway joined the seventh package of European Union sanctions against Russian President Vladimir Putin and the Russian regime. Source: Minister of Foreign Affairs of Norway Anniken Huitfeldt “The package of sanctions adopted by the EU on July 21, 2022, has been incorporated into […]
Continue Reading7 EU countries called for new sanctions against Russia, including visa sanctions
On August 25, 2022, it became known that the heads of the foreign affairs committees of the parliaments of Estonia, Latvia, Lithuania, Finland, Poland, the Czech Republic and Denmark issued a joint statement calling for new sanctions against the Russian Federation for its war against Ukraine. Source: EU countries They list all the arguments that […]
Continue ReadingCanada announced new sanctions on Russia, and additional funding for Ukraine
The Prime Minister of Canada said on August 23, 2022, during the virtual Summit for Heads of State and Government of the International Crimea Platform that his country would allocate CAD $3.85 million ($2.97 million) of funding for Ukraine’s security sector and Canada also intends to sanction 62 Russians with close ties to the state, […]
Continue ReadingThe USA will strengthen control over compliance with sanctions against Russia
Representatives of the administration of the US President said on August 22, 2022, that the US is trying to ensure the effectiveness of sanctions against Russia imposed over its invasion of Ukraine by closing loopholes and persuading other countries to support the restrictions. Source: Representatives of Joe’s Biden administration The purpose of this second phase […]
Continue ReadingEstonia will promote a full energy embargo against Russia in a new EU sanctions package
On August 22, 2022, it became known that Estonia will push the idea of a full energy embargo against Russia in the EU’s eighth package of sanctions for the Kremlin’s war of aggression. Source: Minister of Foreign Affairs of Estonia Urmas Reinsalu According to the Minister, Estonia will propose to include a full energy embargo […]
Continue ReadingNine G20 countries did not support anti-Russian sanctions
According to a Bloomberg article published on August 5, only half of the G20 countries have joined the sanctions against the Russian Federation, imposed because of its war against Ukraine. Source: Bloomberg journalists “Comprising nations that account for some 85% of global economic output, the G-20 is supposed to be more reflective of the world. […]
Continue ReadingSwitzerland joined the seventh package of EU sanctions against Russia
The Federal Council of Switzerland on August 3 announced its accession to the latest, seventh package of European Union sanctions against Russia, introduced in connection with Russia’s full-scale invasion of Ukraine. Source: The Swiss Federal Council The sanctions include a ban on the purchase, import, and direct or indirect transfer of gold from the Russian […]
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