As the war between Russia and Ukraine is getting worse every day, various countries and institutions of the world have started imposing economic sanctions on Russia.
Below we will mention all the sanctions that have been imposed on Russia:
Western leaders have frozen the assets of Russia’s central bank. The US, EU and Britain have also imposed restrictions on people and businesses dealing with the Russian central bank, its finance ministry and its treasury. Germany has blocked permission to open the Nord Stream 2 gas pipeline from Russia to Germany. The US has joined the UK, EU and Canada in banning all Russian flights from its airspace. Australia has sanctioned more than 300 members of the Duma and eight members of the Security Council. It is also banned from doing business with six major Russian banks and any organization within the occupied territories of Crimea, Sevastopol, Luhansk and Donetsk. Shares of Russian state-owned entities can no longer be listed on EU stock exchanges. The worldwide assets of more than a dozen of Russia’s billionaires have been frozen and a travel ban has also been imposed. These include Andrey Patrushev (oil company Rosneft), Petr Fradkov (Promsvazbank), Yuri Slyusar (United Aircraft), Boris Rotenberg (gas pipeline company SMP), Denis Bortnikov (VTB Bank). A series of Russian banks are also being cut off from the SWIFT international payment system by the EU, US, UK and Canada.Apple has suspended sales of iPhones, iPads, Macs and other hardware products in Russia. Visa and MasterCard have also imposed sanctions on the Russian bank. Intel has also banned processor sales. The US has placed Russia’s top 10 financial institutions, which represent about 80% of the country’s banking sector, under sanctions. The largest of these – Sberbank, which accounts for about 30% of Russian banking. Several other Russian banks, including VTB, Bank Rossiya and Promsvyazbank, the country’s second largest, also have strict asset freezes or new trade sanctions imposed in the EU, the UK, the US and elsewhere. The foreign assets of the Russian President, his Foreign Minister, Sergei Lavrov, and the Defense Minister, Sergei Shoigu, have been frozen in the EU, the US and the UK. England imposed a £50,000 limit on bank accounts held by Russian citizens in the country ), and the European Union has imposed a limit of €100,000 in EU banks. Canada and Australia have also imposed sanctions on several oligarchs. Messe Hannover 2013 – Gazprom Stand The photos are paid at an honorarium. The copyright lies with the agency: impress picture Foto- und Grafikagentur Inh. Elke Zessinger Am Treptower Park 58 a 12435 Berlin fon: 030-44728420 fax: 030-44728421 e-mail: [email protected] web: www.impresspicture.com Bankverbindung: Sparkasse KölnBonn Konto-Nr.: 19702323 BLZ 370 501 98 Steuer-Nr.: 36/607/63037 The US has banned Russian energy company Gazprom, oil pipeline company Transneft, and power company RusHydro, as well as the country’s largest freight, rail and telecommunications companies, from its credit markets. The EU has barred Russia from allowing aircraft and banned the export of aviation parts, as well as the export of high-tech goods including semiconductors, computers, telecommunications and information security equipment and sensors. UK and EU-based companies have also been banned from exporting a wide range of Russian defense, naval, transportation and communications companies, including the notorious Internet research agency Troll Farm in St. Petersburg. The UEFA Champions League final has been moved from St. Petersburg to Paris. FIFA and UEFA have suspended Russian clubs and national teams from all competitions. The Formula One Grand Prix and all World Cup skiing events in Russia have been cancelled. Russia has been banned from participating in the Eurovision Song Contest. The International Chess Federation has said that the 44th Chess Olympiad, which features players from nearly 200 countries, will no longer take place in Russia.
Advertisements
