International
Canada Imposes Sanction On Russia, Moscow-backed Rebels
- Western countries are imposing sanctions on Russia following the escalation in the crisis
- The US and UK said the latest escalation from Russia marked the “beginning of an invasion”
EKO HOT BLOG reports that Canada has now joined the US, UK, EU and others in imposing a range of economic sanctions against Russia.
Prime Minister Justin Trudeau described Moscow’s recent actions in Ukraine as “a further invasion of a sovereign state”.
Read also: Putin Orders Military To Act As ‘Peacekeepers’ In Ukraine Regions
“We will ban Canadians from engaging in purchases of Russian sovereign debt. And we will apply additional sanctions on to state-backed Russian banks and prevent any financial dealings with them,” Trudeau said.
He added that Canada would ban its nationals from all financial dealings with the two rebel-held territories in eastern Ukraine, which Moscow recognised as independent states on Monday.
And Trudeau said Russian lawmakers who had backed that decision would also be sanctioned.
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