Canada bans luxury goods trade with Russia, punishes more oligarchs

The ban aligns with similar measures imposed by allies such as the United States and the European Union.
Canada bans luxury goods trade with Russia, punishes more oligarchs (REUTERS)
Canada bans luxury goods trade with Russia, punishes more oligarchs (REUTERS)
Published on May 20, 2022 11:00 PM IST
Copy Link
AFP |

Canada announced Friday a ban on trade in luxury goods with Russia, and added 14 more Russian oligarchs and other associates of President Vladimir Putin to its sanctions list imposed over the invasion of Ukraine.

The ban aligns with similar measures imposed by allies such as the United States and the European Union, and "will help to mitigate the potential for Russian oligarchs to circumvent restrictions in other luxury goods markets," the government said.

Also read: Watch | Bilawal defends Imran Khan's Russia visit, says: ‘No one has a 6th sense’

It covers Canadian exports of alcoholic beverages, tobacco, some textile products and sportswear, footwear, luxury clothing and accessories, jewelry, kitchenware, and art, as well as imports from Russia of alcoholic beverages, seafood, fish and diamonds.

These represented Can$76 million (US$59 million) worth of goods in 2021, according to trade figures.

The government also announced sanctions against Russian oligarchs and their family members and close associates of Putin, and restrictions on exports to Russia of "goods that could be used in the production and manufacture of weapons."

Also read: Zelensky slams Russia over 'deliberate attempt to kill as many as possible'

Canada has slapped sanctions on more than 1,000 individuals and entities from Russia, Belarus and Ukraine since Moscow's invasion of Ukraine started on February 24.

SHARE THIS ARTICLE ON
Close Story
QUICKREADS

Less time to read?

Try Quickreads

  • In a letter to Trudeau, the group, Canadian Hindu Volunteers, said the film “deliberately shows (the) Hindu Goddess in a derogatory manner”. (Shutterstock)

    Kaali movie organisers apologise after uproar over ‘offensive’ poster

    The university responsible for curating the programme and the museum that provided it a platform issued an apology on Tuesday after uproar over a film with a poster found offensive by Hindu groups in Canada. On the other hand, York University, where the film's director is studying, has supported Leena Manimekalai's artistic freedom. A spokesperson for the university also said its logo was used on the controversial poster “without permission”.

  • Nearly 100 Sikhs had been removed from their posts for not meeting the ‘clean shave’ requirement. (REUTERS/FILE)

    ‘Clean shave’ directive: Toronto makes an exception for Sikh security guards

    The city of Toronto on Tuesday said it is making an exception to its “clean shave” directive for security personnel posted at shelters impacted by Covid-19, after nearly 100 Sikhs were removed from their posts for not meeting the requirement. Security agencies contracted by the city laid off or transferred Sikhs who refused to shave their beard for religious reasons. The matter was raised by the World Sikh Organisation.

  • British Prime Minister Boris Johnson.

    UK PM Boris Johnson vows to stay in office after top ministers quit

    A defiant British Prime Minister Boris Johnson was battling to stay in power on Wednesday after his government was rocked by the resignation of two top ministers, who said they could no longer serve under his scandal-tarred leadership. Months of discontent over Johnson's judgment and ethics within the governing Conservative Party erupted with the resignations of Treasury chief Rishi Sunak and Health Secretary Sajid Javid within minutes of each other on Tuesday evening.

  • Britain prime minister Boris Johnson (File/Photo by GABRIEL BOUYS/AFP)

    Two more UK ministers resign in fresh blow to PM Boris Johnson

    Two more ministers resigned from the UK government on Wednesday, piling further pressure on Prime Minister Boris Johnson following the departure of his health and finance ministers. Will Quince, minister for children and families, said he had "no choice but to tender my resignation" while junior transport minister Laura Trott said she was quitting over a loss of "trust" in the government.

  • 3M, Honeywell and a few others make N95 and N99 face masks (File)

    Canadian city of Toronto apologises to Sikh security guards over N95 mask row

    The Canadian city of Toronto has apologised to the World Sikh Organization of Canada for any delay' in reinstating Sikh security guards hired by contracted service providers who may have been terminated over a 'no-beard' policy that forced them to choose between their jobs and their faith. A report by the Toronto Sun said over 100 guards had been fired over a rule that requires them to be clean-shaven so they can wear N95 masks.

SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, July 06, 2022