Canadian companies are now banned from offering 28 separate services to Russian companies in the oil, gas and chemical industry under a new round of sanctions announced by the Foreign Ministry on Wednesday.
Management, accounting, IT, advertising, architecture and engineering services, among others, will no longer be offered to them. Construction work and the trade or transportation of fuel are also prohibited.
According to the ministry, the ban on these services essentials in running these industries, which provide 50% of Russia’s state revenue, will exercise a additional pressure to Russian President Vladimir Putin to withdraw his troops to Ukraine and reduce Russia’s ability to wage war.
Canada will do everything in its power to stop Putin from fueling and funding his war machineThe head of Canadian diplomacy, Mélanie Joly, argued in a press release.
Since Russia invaded Ukraine on February 24, Vladimir Putin and his regime have caused untold pain and suffering in Ukraine and around the worldshe added, assuring that Ottawa will ask her relentless accounts for this futile war.
Global Affairs Canada did not immediately determine the cost of the services currently prohibited.
More than 1,070 individuals and entities have been targeted by Canadian sanctions since the fighting began. They are mainly found in Russia, but also in Belarus and the self-proclaimed pro-Russian republics of Donetsk and Luhansk, Ukraine.
“Limited” continuation of Arctic Council activities
Canada and its partners in the Arctic Council (Denmark, the United States, Finland, Iceland, Norway and Sweden) have also announced a partial resumption of their activities, which was delayed on March 3, until they requested the involvement of Russia, also a member. of the group.
We remain convinced of the Arctic Council’s eternal value for circumpolar cooperation and reiterate our support for this forum and its important work.they said in a joint statement released Wednesday.
” We aim to implement a limited continuation of our work with the Arctic Council, on projects that do not require the participation of the Russian Federation. “
According to a source at Global Affairs Canada, these projects may be related, for example, to issues related to climate change or economic development.
These projects is an integral part of our responsibility to the people of the Arctic, including Indigenous peoples added the group, saying it was reviewing additional terms which may be put in place to ensure the continuity of the work of the Council.
Radio Canada
Source: Radio-Canada