August 19, 2022

OsoyoosToday

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Canada bans two banks, bans financial deals with Ukrainian secession territories, Russian sovereign borrows

Canadian Prime Minister Justin Trudeau made the announcement on Tuesday A battery of sanctions In response to Russia’s recognition of the Donetsk and Luhansk regions of Ukraine against the two Russian banks, Russia banned the purchase of loans and financial transactions with the divided regions.

“Make no mistake, this is a new invasion of a sovereign state and it is completely unacceptable.”Before the decision of Russian President Vladimir Putin, Trudeau insisted. To declare the independence of the self-proclaimed republics in the Donbass region.

In his opinion, “Russia’s shameful provocations threaten world security and peace”Therefore, these sanctions will remain in place until the territorial integrity of Ukraine is restored.

Trudeau announces “first round sanctions” These include banning Canadians from all financial transactions with Luhansk and Donetsk, not allowing them to buy Russian sovereign debt, and banning them from dealing with two state-backed Russian banks. Ottawa will also intervene Sanctions against Russian parliamentarians Those who voted to recognize the divided areas.

More about Crisis in Ukraine

On the same Tuesday, the Canadian government summoned Russian Ambassador to Ottawa Oleg Stepanov to address the situation after Russia recognized the independence of the Donetsk and Luhansk republics.

Canadian Foreign Minister Melanie Jolie, in a Twitter message, highlighted the support of the Canadian government for Ukraine and announced that she would impose. “Severe Penalties” In response to recent events in Eastern Europe.

With these announcements, Canada Connects with other countries such as USA, UK and Germany It has already imposed sanctions against Russian banks. Germany has also canceled a planned opening of the Nord Stream 2 natural gas pipeline connecting Russia with its territory.

Russia recognized the independence of Donetsk and Lukansk on Monday and ordered the entry of Russian armed forces a few hours later. In a “peacekeeping mission” frameworkThe resolutions are strongly criticized by the majority of the international community.

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