Canada targets Russia’s defence sector with new round of sanctions
Posted Apr 11, 2022 5:22 am.
Canada is targeting Russia’s defence industry with its latest round of sanctions over Moscow’s invasion of neighbouring Ukraine.
Foreign Affairs Minister Mélanie Joly says the new measures impose restrictions on 33 entities in the Russian defence sector.
She says the organizations have provided support to the Russian military — directly or indirectly — and are therefore complicit in the pain and suffering stemming from Vladimir Putin’s unjustifiable war in Ukraine.
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The measures usher in asset freezes and prohibitions on listed entities including the Moscow Institute of Physics and Technology, Integral SPB and Shipyard Vympel JSC.
Following Russia’s attack that began Feb. 24, Canada has imposed sanctions on more than 700 individuals and entities from Russia, Ukraine and Belarus.
Since Russia’s annexation of Crimea in 2014, Canada has levied sanctions on more than 1,100 individuals and entities.
“Canada has always and will always stand by Ukraine,” Joly said in a statement. “Today’s measures are the latest example of our unwavering support for Ukraine and its people.
“We will continue to support the brave men and women fighting for their freedom, and we demand that those responsible for atrocities be held accountable.”
