Canada imposes new sanctions on Russian financial sector amid Ukraine war

Canadian Minister of Foreign Affairs Melanie Joly announced on Tuesday that Canada is imposing new sanctions on Russia's financial sector.

Russia Ukraine conflict
A Ukrainian serviceman walks next to a building damaged by a Russian military strike, as Russia's attack on Ukraine continues, in the town of Marinka, in Donetsk region (Photo: Reuters)
ANI Pacific
1 min read Last Updated : Jun 01 2022 | 8:44 AM IST

Canadian Minister of Foreign Affairs Melanie Joly announced on Tuesday that Canada is imposing new sanctions on Russia's financial sector.

In a news release, the minister said the new measures would impose restrictions on 22 individuals and 4 entities, and that among the individuals and entities listed are senior officials of Russian financial institutions and their family members, as well as key financial institutions and banks.

Since February 24, Canada has imposed sanctions on more than 1,050 individuals and entities from and in Russia, Ukraine and Belarus. Canada's latest sanctions, like its previous ones, impose asset freezes and prohibitions on listed individuals and entities.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :CanadaRussia Ukraine ConflictRussia

First Published: Jun 01 2022 | 8:44 AM IST

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