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New Zealand has imposed new sanctions against Russia

29 Feb, 2024
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New Zealand has imposed new sanctions against Russia

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New Zealand has imposed new sanctions against Russia. This was reported by the government of New Zealand.

Foreign Minister Winston Peters today announced a new package of sanctions as part of the ongoing international sanctions response to Russia's illegal invasion of Ukraine in February 2022.

The sanctions against Russia include:

• Implementation of the G7-plus price cap on Russian-origin oil;

• making explicit the prohibition on exporting restricted items to Russia and Belarus through third countries; and

• designating 61 individuals and companies to counter evasion efforts. 

"New Zealand has sanctioned a further 61 Russian individuals and entities, including those involved in sanctions evasion procurement networks."

These are organizations that procure technologies for the Russian defense industry and senior officials of certain Russian banks. Individuals involved in purchasing weapons from North Korea have also been sanctioned.

“The sanctions underscore New Zealand’s steadfast condemnation of Russia’s unprovoked and unjustifiable war against Ukraine, as we reach the two-year point since the February 2022 full-scale invasion,” said Winston Peters.

The Odessa Journal

The Odessa Journal

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