Canada announces first round of economic sanctions on Russia over Ukraine crisis
Gulf Times
Trudeau said his government will ban Canadians from all financial dealings with the so-called "independent states" of Luhansk and Donetsk. Canada will also ban Canadians from engaging in purchases of Russian sovereign debt, he added.
Canadian Prime Minister Justin Trudeau on Tuesday announced a first round of economic sanctions on Russia a day after Moscow recognised the Ukraine separatist regions of Donetsk and Luhansk as independent.
The United States, the European Union, Germany and Britain also announced ways they will punish Russia financially as they fear a further incursion is to come, a move Moscow has consistently denied for months.
The Russian-backed separatists in Donetsk and Luhansk broke away from Ukrainian government control in 2014 and proclaimed themselves independent "people's republics" after a pro-Moscow Ukrainian president was ousted in Kyiv.
Trudeau said his government will ban Canadians from all financial dealings with the so-called "independent states" of Luhansk and Donetsk. Canada will also ban Canadians from engaging in purchases of Russian sovereign debt, he added.
