Summary
The European Union (EU) will confiscate the assets of Putin and his foreign minister Lavrov. This has been announced in the new sanctions to be imposed on Moscow.
America, Britain, Australia, Japan, Canada and all European countries have united to tighten the economic grip on Russian President Vladimir Putin. The 27-nation European Union (EU) has shown the most strictness on Russia. On Friday, EU leaders announced more stringent sanctions, claiming they would cause huge losses to 70 percent of Russia’s banks and companies.
Although Europe agreed, it will also have to suffer, but they are ready to bear the brunt for opposing the attack on Ukraine. Europe’s economic commissioner Paulo Gentiloni said, “We have to pay the price for the Russian attack on Ukraine.” Our sanctions will hurt the economic growth of the 19 european countries. But Russia itself will have to suffer more from this war than Europe and the world.
Putin Lavrov’s assets will be confiscated
The European Union (EU) will confiscate the assets of Putin and his foreign minister Lavrov. This has been announced in the new sanctions to be imposed on Moscow. EU foreign policy chief Josep Borrell gave this information on Friday. Britain has also agreed to confiscate the property.
70 percent companies targeted
EU Commission President Ursula von der Leyen said 70 percent of the Russian banking market and major state-run defence, energy and transport companies would be targeted. There will also be a ban on the sale of software, semiconductors. The EU also announced an economic aid of $ 1.68 billion to Ukraine.
- France will hit many sectors including finance, energy.
- Germany – Finance Minister Christian Lindner said, the Russian economy has suffered huge losses due to the sanctions of the first episode.
Australia will also tightenAustralia said it would also impose sanctions on nobles, Belarus and other organizations close to the Russian government. Military equipment and medical supplies will be sent to Ukraine.
Japan: Semiconductors stopped supply
Russian government bonds are banned in Japan. This will affect the funding of the Russian army. Businesses with pro-Russian parts of Ukraine have also been suspended and their assets and visas frozen. Japan has halted shipments of semiconductors to Russia and supplies to allies of the Russian military.
Taiwan: Export controls will be implemented
Taiwan, the world’s largest semiconductor producer, said, we will impose sanctions on Russia.
The. Korea: Will support global sanctions
South Korea’s President Moon Jae-in said, we will support international steps. But did not mention the ban from his side.
There will be no Russian pavilion in Mobile World Congress
Russia’s pavilion will not be built at the proposed Mobile World Congress in Barcelona, Spain from February 28.
- Sri Lanka: Clear refusal to impose sanctions
- New Zealand: Travel restrictions of Russian authorities.
- Britain: Promises more help to Ukraine.
- Germany: Will send 150 troops, a dozen armored vehicles, Patriot air defense missile systems, a corvette and a frigate to Eastern Europe.
Russia’s retaliation, ban on British flights
Russia banned British flights. Russian President Vladimir Putin banned British flights from landing in Russia and using the airspace. British PM Boris Johnson banned the landing of flights of the Russian national airline Aeroflot. British Airways announces refund of tickets for Moscow flights.
Expansion
America, Britain, Australia, Japan, Canada and all European countries have united to tighten the economic grip on Russian President Vladimir Putin. The 27-nation European Union (EU) has shown the most strictness on Russia. On Friday, EU leaders announced more stringent sanctions, claiming they would cause huge losses to 70 percent of Russia’s banks and companies.
Although Europe agreed, it will also have to suffer, but they are ready to bear the brunt for opposing the attack on Ukraine. Europe’s economic commissioner Paulo Gentiloni said, “We have to pay the price for the Russian attack on Ukraine.” Our sanctions will hurt the economic growth of the 19 european countries. But Russia itself will have to suffer more from this war than Europe and the world.
Putin Lavrov’s assets will be confiscated
The European Union (EU) will confiscate the assets of Putin and his foreign minister Lavrov. This has been announced in the new sanctions to be imposed on Moscow. EU foreign policy chief Josep Borrell gave this information on Friday. Britain has also agreed to confiscate the property.
70 percent companies targeted
EU Commission President Ursula von der Leyen said 70 percent of the Russian banking market and major state-run defence, energy and transport companies would be targeted. There will also be a ban on the sale of software, semiconductors. The EU also announced an economic aid of $ 1.68 billion to Ukraine.
- France will hit many sectors including finance, energy.
- Germany – Finance Minister Christian Lindner said, the Russian economy has suffered huge losses due to the sanctions of the first episode.
Australia will also tightenAustralia said it would also impose sanctions on nobles, Belarus and other organizations close to the Russian government. Military equipment and medical supplies will be sent to Ukraine.
Japan: Semiconductors stopped supply
Russian government bonds are banned in Japan. This will affect the funding of the Russian army. Businesses with pro-Russian parts of Ukraine have also been suspended and their assets and visas frozen. Japan has halted shipments of semiconductors to Russia and supplies to allies of the Russian military.
Taiwan: Export controls will be implemented
Taiwan, the world’s largest semiconductor producer, said, we will impose sanctions on Russia.
The. Korea: Will support global sanctions
South Korea’s President Moon Jae-in said, we will support international steps. But did not mention the ban from his side.
There will be no Russian pavilion in Mobile World Congress
Russia’s pavilion will not be built at the proposed Mobile World Congress in Barcelona, Spain from February 28.
- Sri Lanka: Clear refusal to impose sanctions
- New Zealand: Travel restrictions of Russian authorities.
- Britain: Promises more help to Ukraine.
- Germany: Will send 150 troops, a dozen armored vehicles, Patriot air defense missile systems, a corvette and a frigate to Eastern Europe.
Russia’s retaliation, ban on British flights
Russia banned British flights. Russian President Vladimir Putin banned British flights from landing in Russia and using the airspace. British PM Boris Johnson banned the landing of flights of the Russian national airline Aeroflot. British Airways announces refund of tickets for Moscow flights.