World Desk, AnyTV, Canberra
Published by: Sanjeev Kumar Jha
Updated Wed, 23 Feb 2022 03:15 PM IST
Summary
US President Joe Biden also issued an order banning all new investment, trade and funding of the American people in Donetsk and Luhansk.
Australia has also announced sanctions to stop Russia’s dictatorship amid fears of war. Australian Foreign Minister Morris Payne said about this ban that we oppose Russia’s steps. If Russia attacks Ukraine in any way, we will not remain silent. Let us tell you that earlier US President Joe Biden also issued an order banning all new investment, trade and funding of the American people in Donetsk and Luhansk. The 27 countries in the European Union also spoke of sanctions against Russian politicians and industrialists. Britain has banned five Russian banks and three billionaires. Their assets are also being frozen.
Australia imposed restrictions in these areas
Foreign Minister Payne said that we will impose travel restrictions and targeted financial sanctions on eight members of Russia’s Security Council. Under this restriction Australian individuals/entities will not be able to do business with Rosia Bank, Promsvazbank, IS Bank, GenBank and Black Sea Bank for Development and Reconstruction. Foreign Minister Payne said that we will amend the Autonomous Sanctions Regulations 2011 to extend the current sanctions on Crimea and Sevastopol to Donetsk and Luhansk. It would impose economic sanctions in Donetsk and Luhansk, banning trade in the transport, energy, telecommunications, oil, gas and mineral sectors. We will also amend the regulations to broaden the scope of people and entities that Australia can list to include sanctions of strategic and economic importance to Russia.
Visa for Ukrainian citizens will be extended
Payne said Ukrainian citizens whose visas in Australia expire on June 30 will be given an automatic extension of their visas for six months. Outstanding visa applications from Ukrainians will be given priority and fast-tracked by immigration authorities for a decision as soon as possible.
Expansion
Australia has also announced sanctions to stop Russia’s dictatorship amid fears of war. Australian Foreign Minister Morris Payne said about this ban that we oppose Russia’s steps. If Russia attacks Ukraine in any way, we will not remain silent. Let us tell you that earlier US President Joe Biden also issued an order banning all new investment, trade and funding of the American people in Donetsk and Luhansk. The 27 countries in the European Union also spoke of sanctions against Russian politicians and industrialists. Britain has banned five Russian banks and three billionaires. Their assets are also being frozen.
Australia imposed restrictions in these areas
Foreign Minister Payne said that we will impose travel restrictions and targeted financial sanctions on eight members of Russia’s Security Council. Under this restriction Australian individuals/entities will not be able to do business with Rosia Bank, Promsvazbank, IS Bank, GenBank and Black Sea Bank for Development and Reconstruction. Foreign Minister Payne said that we will amend the Autonomous Sanctions Regulations 2011 to extend the current sanctions on Crimea and Sevastopol to Donetsk and Luhansk. It would impose economic sanctions in Donetsk and Luhansk, banning trade in the transport, energy, telecommunications, oil, gas and mineral sectors. We will also amend the regulations to broaden the scope of people and entities that Australia can list to include sanctions of strategic and economic importance to Russia.
Visa for Ukrainian citizens will be extended
Payne said Ukrainian citizens whose visas in Australia expire on June 30 will be given an automatic extension of their visas for six months. Outstanding visa applications from Ukrainians will be given priority and fast-tracked by immigration authorities for a decision as soon as possible.