Australia Issues More Russia Sanctions
Australia imposed new sanctions against a range of Russia’s “propagandists,” military officials and entities for Russia’s invasion of Ukraine, the country’s foreign ministry announced March 8. The sanctions target the Armed Forces of the Russian Federation and six senior military officials and an additional 11 financial institutions “of economic significance to Russia,” including the country’s central bank. Australia also sanctioned another 10 people that help promote “pro-Kremlin propaganda to legitimize Russia’s invasion.”
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
“With our global partners, we will collectively work to remove Russia’s ability to continue financing its war by targeting its most significant banks, including those critical to its defense sector,” Australia’s foreign ministry said.