Canada imposes new sanctions on Russian banks and industrial companies

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Canada introduced new sanctions against the Russian Federation; The restrictions apply to 4 people and 29 organizations. This has been reported area Canadian Ministry of Foreign Affairs.

“On August 22, 2023, Canada further modified the Special Economic Measures (Russia) Rules by adding four individuals and 29 entities to the list of rules that are subject to a broad transaction ban,” the statement said.

It is noted that the list includes the Omsk Research Institute of Instrument Engineering, the company Promtekhnologiya and the design bureau named after him. Yakovlev, research and production company “Aurora”, production association “Izhevsk unmanned systems”, banks “Uralsib”, “Zenith”, Troitsk Innovation and Thermonuclear Research Institute and others.

Canada in July extended Sanctions against Russia adds tens of individuals and legal entities to the list of sanctions. Russian mobile operators, Tinkoff Bank, Tochka Bank, Mir card, Yandex Pay and the Moscow City Cossack Community were subject to restrictive measures.

Formerly US Treasury extended Sanctions against Russia.

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