Australia imposes financial sanctions on Russia

Australia imposes financial sanctions on Russia

The Australian government has announced a new package of sanctions against Russia following its decision to recognize the independence of the so-called “L/DPR” in eastern Ukraine.

Prime Minister of Australia Scott Morrison stated this, Ukrinform reports with reference to ABC News.

According to Morrison, Australia would initially impose travel bans and targeted financial sanctions on eight members of the Security Council of the Russian Federation.

The sanctions will also include entities linked to Moscow, as well as Russian banks, transport, energy, telecommunications, oil, gas and minerals.

Morrison said the sanctions may be introduced against more Russian citizens and organizations seeking to benefit from Russia's invasion of Ukraine.

As Ukrinform reported, on February 21, Russian President Vladimir Putin signed decrees on recognizing the independence of the so-called “Luhansk People’s Republic” and “Donetsk People’s Republic”.

The Australian government condemned Russia's recognition of two illegal entities in the occupied territories of Donetsk and Luhansk regions of Ukraine and stated it would announce sanctions together with its partners.

The leaders of the EU, the United States, Canada and most world democracies condemned the Kremlin's actions.


While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period: