Original Coverage & Source Attribution: www.firstpost.com
Canada imposed fresh sanctions on 38 entities and 24 individuals, including those linked to Russia’s ballistic missile development, cyber activities and crypto-based financing of the war
In a move to tighten pressure on Moscow over its war in Ukraine, Canada has sanctioned 38 additional entities and 24 individuals, Foreign Affairs Minister Anita Anand announced on Monday. The measures aim to weaken Russia’s military capabilities.
Anand made the announcement in Paris on the margins of the G7 foreign ministers’ meeting. The measures fall under the Special Economic Measures (Russia) Regulations.
The listings go after parts of Russia’s defence industrial base, including those involved in developing ballistic missile technology and in Russia’s cyber activities.
The sanctions are also meant to raise the economic cost of Russia’s war against Ukraine. They target financial enablers, among them crypto exchanges, that help sustain Russia’s wartime economy.
Ottawa said Russia continues its war of aggression against Ukraine and relies on sanctions-evasion networks to keep its military operations going. It said the new measures will help limit Russia’s ability to strike civilian targets in Ukraine.
“Impose costs” until aggression ends
“Canada is taking action to undermine Putin’s capacity to strike Ukrainian cities with its missiles,” Anand said. “We remain steadfast in our support for Ukraine and will continue to impose costs on Russia until it ends its aggression and respects Ukraine’s sovereignty and territorial integrity,” Anand added.
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Canada said it remains committed, with its allies and partners, to increasing pressure on those who enable and support Russia’s war machine. It will continue to stand with Ukraine and work with international partners towards a just and lasting peace consistent with the principles of the UN Charter.
Since 2014, Canada has imposed sanctions on more than 3,500 individuals and entities and over 700 vessels. The government said they are complicit in violating Ukraine’s sovereignty and territorial integrity and in gross and systematic human rights violations.
