Ukraine: Canada bans trade in luxury goods with Russia

The Government of Canada announced on Friday that it has imposed sanctions against fourteen other Russians, including several oligarchs, their family members and those close to the President of Russia, Vladimir Putin, in response to the Ukrainian war.

In a statement, the Department of Foreign Affairs said that in addition, Ottawa has banned trade in luxury goods with Moscow and called the Russian invasion of Ukrainian territory “nonsense”.

“As of today, the government of Canada prohibits the export of certain luxury goods to Russiaincluding alcoholic beverages, tobacco, textile products such as sportswear and footwear, jewelry, kitchenware and art,” the statement read.

The import of products from Russia, including alcoholic beverages, seafood, fish and diamonds, has also been restricted. These commercial exchanges represent approximately 75.7 million dollars per year.

That same Friday, the country’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, indicated that G7 ministers had discussed the tightening of sanctions against Russia and the embargo on oil and gas.

More money to support Ukraine

Canada will provide C$250 million in assistance to Ukraine through accounts managed by the International Monetary Fund (IMF).

The total amount of financial assistance from the Canadian government to Ukraine now stands at C$1.7 billion. “This is independent of military support, international aid and support for refugees and migrants,” he said.

Canada bans Putin from entering the country

Canada’s Minister of Public Security, Marco Mendicino, announced last Tuesday that the North American country would ban the entry of the Russian President, Vladimir Poutineand 1,000 citizens of the country for the invasion of Ukraine which began on February 24.

“In the face of the brutal attack by the Putin regime, Canada stands with Ukraine. That is why we have banned key associates and supporters of the Putin regime from entering our country, including officials of this unprovoked aggression,” he said. collected by the Canadian channel CBC News.

In a press release from Canada Border Services Agency (ASFC, for its acronym in English), Mendicino has indicated that it will introduce changes in the Immigration and Refugee Protection Act (IRPA, for its acronym in English) to prevent the entry of sanctioned persons into the country.

Russia has also sanctioned Canadians in retaliation for that country’s sanctions, including prime ministers, military officials and journalists.

(With information from Europe Press)

Alvin Nguyen

"Amateur introvert. Pop culture trailblazer. Incurable bacon aficionado."

Leave a Reply

Your email address will not be published. Required fields are marked *