Russia expanded entry ban list in response to new EU sanctions
Russia expanded its list of European officials banned from entering the country in response to the EU’s latest sanctions package against it. The EU’s new leadership, which took office earlier this month, continued to pursue aggressive policies against Moscow, said the Russian Foreign Ministry. The statement stressed that unilateral restrictive measures remain a tool of […]
Biden signs Pentagon budget bill that extends sanctions on Hong Kong officials
US National Defence Authorisation Act, annual omnibus bill, also includes extension of China sanctions in Tibet and Uygur legislation. US President Joe Biden has signed key legislation into law that extends for another five years the Hong Kong Human Rights and Democracy Act of 2019, including its sanctions on key Chinese officials. Biden signed the […]
China imposes sanctions on US that reminds red lines
The Chinese Foreign Ministry has imposed counter-sanctions on seven US military companies and related senior executives due to recent military aid and arms sales to Taiwan. China said in a statement that the US actions seriously violate the one-China principle and three China-US joint declarations, interfere in China’s internal affairs, and undermine China’s sovereignty and […]
US imposes sanctions on Georgian Dream party founder
The US said in a statement regarding the sanctions decision that Bidzina Ivanishvili, the founder and honorary chairman of the Georgian Dream party, has undermined the democratic and European future. “The US is imposing sanctions on Bidzina Grigoris Dze Ivanishvili, the founder and honorary chairman of Georgian Dream. His actions have enabled human rights violations […]
A first from the European Union: Russia sanctions against European citizen
The European Union imposed sanctions on Nils Trost, a Dutch oil trader residing in Switzerland, for violating the price ceiling on oil exports. Trost is reportedly involved in violating the $60 per barrel price ceiling imposed by Western countries. Swiss authorities are also investigating Trost’s company Paramount Energy & Commodities SA. According to a statement […]
Treasury announces new US sanctions on North Korea and Russia
The United States has hit North Korea and Russia with new sanctions targeting Pyongyang’s financial and military support for Moscow as well as its ballistic missile programme. The sanctions, which cover North Korean banks, generals and other officials, as well as Russian oil shipping companies, are the latest US measure aimed at cutting North Korea’s […]
EBRD announces settlement with four entities of the French Egis group
The EBRD and four Egis entities reached a settlement over fraudulent practices in two EBRD-financed projects. The sanction consisted of a 33-month conditional ban. The settlement reduces the sanction due to voluntary disclosures and other corrective actions by the Egis entities. The European Bank for Reconstruction and Development (EBRD) announced that it has imposed a […]
China sanctions Canada
China announced sanctions against two Canadian organisations and individuals associated with them for their work on human rights issues in the Xinjiang Uighur Autonomous Region and Tibet Autonomous Region. According to the statement made by the Chinese Ministry of Foreign Affairs, sanctions were imposed on the Uighur Human Rights Defence Project and the Canadian Tibet […]
US grants Turkey exemption from Gazprombank sanctions
Minister of Energy and Natural Resources of Turkey, Alparslan Bayraktar stated that the US granted Turkey an exemption from the Gazprombank sanction. After talks between the Ministry of Energy and Natural Resources and the Ministry of Foreign Affairs with US officials, Minister Bayraktar announced that Turkey can continue to make natural gas debt payments through […]
South Korea to impose new sanctions on North and Russia
South Korea’s Foreign Ministry has announced new sanctions against 11 individuals and 15 legal entities in connection with ‘illegal military cooperation’ between Russia and North Korea or Pyongyang’s nuclear missile programme. The ministry noted that this measure was imposed in connection with the joint statement by the foreign ministers of Western countries dedicated to cooperation […]