Canada imposed a new round of economic sanctions on Moscow on Friday with measures against 14 people, including businessman Dimitry Mazepin and his son Nikita Mazepin, until this year’s Formula One driver.
The sanctions also include a ban on bilateral trade in luxury goods with Russia, such as alcoholic beverages, clothing and jewelry.
In 2021, Canadian imports of Russian luxury goods reached a value of C$75.7 million (US$59 million).
The Canadian government said in a statement that the measures announced today are in line with similar sanctions adopted by the United States and the European Union (EU) and will hamper Russian oligarchs’ efforts to gain access to luxury goods on other markets.
Besides the Mazepins, among the 14 people included in the latest round of Canadian sanctions are Elena Petrovna Timchenko and Natalya Browning, the wife and daughter respectively of Putin associate Gennady Timchenko; Oleg Belozyorov, President of Russian Railways; and businessmen Grigory Berezkin and Farkhad Akhmedov.
Ottawa noted that these individuals were sanctioned “for facilitating Vladimir Putin’s senseless war in Ukraine and are responsible for the pain and suffering of Ukrainians.”
Canadian Foreign Minister Melanie Joly said the Putin regime must be held accountable and that Canada, together with its allies, will not stop putting pressure on the Russian regime until the end of the war.