(MENAFN- Kuwait News Agency (KUNA)) The Australian Government said Tuesday its expanded sanctions have come into force in response to Russia's ongoing threat to the sovereignty and territorial integrity of Ukraine. These sanctions, first announced by the Prime Minister Tony Abbott on September 1, 2014, closely match those implemented by the European Union, Canada and the United States.
They supplement targeted financial sanctions and travel bans, which Australia imposed in June and September 2014, according to a press release by the Australian Department of Foreign Affairs and Trade. The sanctions include restrictions on the export to or import from Russia of arms and related materiel; the export to Russia of certain items for use in petroleum exploration and production; and the export to Crimea and Sevastopol of certain items for use in the energy and minerals sector.
They also include restrictions on commercial dealing with certain capital financial market instruments issued by certain Russian state-owned entities; and Australian investment in Crimea and Sevastopol related to infrastructure, transport, telecommunications, energy, oil, gas and minerals sectors.
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