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Canada Imposes Sanctions on 16 Russian 'Entities'

Published: May 5, 2014 (Issue # 1808)



  • Prime Minister of Canada Stephen Harper with Barack Obama, President of the United States of America.
    Photo: Whitehouse.gov / Wikimedia

Canada has imposed sanctions against 16 more Russian "entities" in response to what Prime Minister Stephen Harper described as Russia's "illegal occupation of Ukraine."

The latest sanctions are intended to "increase economic pressure on Russia and those responsible for the crisis in Ukraine," Harper said Sunday in a statement published on his government's website.

"Russia's illegal occupation of Ukraine and provocative military activity remains a serious concern to the international community," Harper said in the statement, adding that Canada and its Western allies "will take further actions if Ukraine's sovereignty and territorial integrity continues to be threatened."

The statement by Harper's office did not specify the 16 "entities" that the new sanctions would cover.

Itar-Tass however, reported without citing any sources that all the entities were Russian companies, rather than individuals. The news agency said that they included TPS Avia Group — a company owned by a group of businessmen including Arkady Rotenberg, who has already been targeted by U.S. sanctions — InvestCapitalBank, Sobinbank and others.

Canada has issued a series of sanctions against Russian officials and companies since the annexation of Crimea in March, including nine Russian individuals and two banks sanctioned last week. The European Union and the U.S. have also imposed similar measures.


Correction: TPS Avia Group was, in fact, not included on the list of Russian entities sanctioned by the Canadian government .





 


ALL ABOUT TOWN

Sunday, Nov. 23


Get in the holiday spirit at today’s Winter Bazzar at the Astoria Hotel. Featuring gifts from around the world such as French eclairs, Dutch cheeses and Indian jewelry, the annual event organized by the International Women’s Club will feature 18 international stands and raise money for charity through the sales of a diversity of products that further illustrate the city’s international connections.



Monday, Nov. 24


Dr. Axel Schulte, Department Head at Fraunhofer Institute for Material Flow and Logistics in Dortmund, Germany, is the featured speaker at the SPIBA Industrial Committee lecture on “The Fourth Industrial Revolution: Digitalization of the Supply Chain.” The event begins at 4 p.m. at the Graduate School of Management at 3 Volkohvsky Pereulok and registration is required by Nov. 21 either by emailing office@spiba.ru or calling 325 9091.



Tuesday, Nov. 25


Tag along with AmCham during their “Industrial St. Petersburg” Tour program today. This incarnation of the ongoing series will visit Philip Morris Izhora and include an Environmental Health and Safety Committee meeting.


Find out how to expand your business east during the “Business With China” forum beginning today and concluding tomorrow at the Lenexpo convention center. The largest Russian forum dedicated to business with the Asian giant, topics that will be discussed include logistics, customs clearance, trade financing and many more.



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