Tuesday, September 30th13.7°C
23366
23371

Putin bites back at Canada's fresh sanctions, travel bans in Russia, Ukraine

OTTAWA - Canada on Wednesday slapped fresh sanctions and travel bans on several top Russian and Ukrainian politicians and groups with ties to President Vladimir Putin's government, as Moscow responded with tit-for-tat sanctions of its own.

Canada's latest round of sanctions, imposed in co-ordination with the United States and the European Union, came amid reports Russia is massing thousands of troops along the Ukrainian border.

But Putin quickly retaliated, ordering state authorities to come up with a list of agricultural products from countries that have imposed sanctions on Russia. Those imports will be banned or restricted for up to a year.

Russia's sanctions will mostly affect Canada's pork industry. Canada's agricultural exports to Russia amounted to $563 million in 2012, according to Agriculture and Agri-Food Canada, and most of them were frozen pork.

Canada won't be the only country blocked from the Russian market. On Wednesday, a Russian state news agency reported the country will ban all imports of agricultural products from the United States.

Canada's measures, aimed at some 19 people and 22 groups and banks, follow previous sanctions and travel bans.

Prime Minister Stephen Harper said Russia's occupation of the Crimean Peninsula and provocative military activity in eastern Ukraine is a "grave concern" to Canada and the world.

Fighting is still raging in eastern Ukraine between government forces and pro-Russian separatists. Western leaders have accused Russia of building up forces along the border — a claim Russia denies.

Canada is prepared to take further actions if Putin's government continues its military aggression, Harper said in a statement.

"President Putin has not provided any indication that he is prepared to respect Ukraine's territorial integrity or use his control over Russian-backed agents to end the violence in Ukraine," he said.

"On the contrary, reports indicate that, despite the criminal downing of MH17, Russia continues to provide logistical support and sophisticated weapons to its agents in eastern Ukraine."

Last month, all 298 people aboard Malaysia Airlines Flight 17, which was travelling from Amsterdam to Kuala Lumpur, were killed when the aircraft was shot down over contested territory in eastern Ukraine.

— With files from The Associated Press

The Canadian Press


Read more Business News

23015


Recent Trending




Today's Market
S&P TSX14976.92-49.85
S&P CDNX912.76-6.66
DJIA17071.22-41.93
Nasdaq4505.853-6.341
S&P 5001977.80-5.05
CDN Dollar0.8944-0.0015
Gold1207.00-11.80
Oil92.61-0.17
Lumber334.30+5.40
Natural Gas4.122-0.032

 
Okanagan Companies
Pacific Safety0.135-0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.23+0.01
Cantex0.09+0.03
Anavex Life Sciences0.185-0.01
Metalex Ventures0.0550.00
Russel Metals34.49-0.54
Copper Mountain Mining2.52+0.11
Colorado Resources0.150.00
ReliaBrand Inc0.020.00
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.34-0.02

 



23226

FEATURED Property
19019706306 Faircrest Street
4 bedrooms 3 baths
$1,100,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_








Member of BC Press Council


22771