Canada Has Announced New Sanctions Against Russian Banks, Defense Industry and Nuclear Sector
Melanie Jolie, the Minister of Foreign Affairs of Canada, has announced additional sanctions targeting individuals directly associated with the Russian military-industrial complex, as well as with the financial and nuclear sectors of Russia.
This information is reported on the official website of the Canadian government.
"Canada continues to strongly condemn Russia's illegal aggressive war against Ukraine. We will continue to work with our partners, including the G7, to undermine Russia's ability to carry out its military aggression against Ukraine and impose additional costs on those who support the Russian regime",- said Melanie Jolie.
In total, the sanctions will affect 4 individuals and 29 legal entities.
It is noted that the announced restrictions will be applied, in particular, to Colonel of the Russian Armed Forces, Sergei Mukachev. The Russian military officer was the commander of the 53rd anti-aircraft missile brigade, which, using the Russian SAM system "BUK," shot down the MH 17 flight of Malaysian Airlines on July 17, 2014, while it was flying over the territories captured by Russian forces and proxy territories in eastern regions of Ukraine.
Legal entities included in the Canadian sanctions list are manufacturers of dual-use military and civilian products used in the production of aviation, maritime equipment, and in the nuclear industry.
Among such companies is the LLC "Promtechnology," which is engaged in the production of weapons for the Russian terrorist company Wagner. Wagner's mercenaries were extensively involved in Russia's war in Ukraine, especially during the bloodiest battles for the Ukrainian city of Bakhmut.
Additionally, Canada imposes sanctions on financial institutions directly associated with the regime of Russian dictator Vladimir Putin, including banks: "Uralsib," "Zenit," Rosbank, and the Russian Regional Development Bank.
Furthermore, the Canadian government's restrictions will be applied to companies in the nuclear industry, including subsidiaries of "Rosatom," as well as an export agency that sells Russian nuclear technologies abroad.
"Canada has worked in coordination with the United Kingdom, the United States, and Australia to ensure the consistency of our actions regarding Russia's nuclear sector, and will continue to do so in order to increase pressure on Russia and its governing bodies to stop violations of Ukraine's sovereignty and territorial integrity",- the statement emphasizes.
It is worth reminding that in July of this year, Canada already announced a package of sanctions. At that time, it was directed against 20 individuals and 21 legal entities, all of which were connected to the Russian military-industrial complex.