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Australia imposes sanctions on 11 Russian banks, many Government bodies: Foreign Ministry

By ANI | Updated: March 18, 2022 07:10 IST

Australia has imposed sanctions on 11 Russian banks and many governmental entities, including those responsible for managing the Russian sovereign debt, the Foreign Ministry said on Friday.

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Australia has imposed sanctions on 11 Russian banks and many governmental entities, including those responsible for managing the Russian sovereign debt, the Foreign Ministry said on Friday.

The sanctions have been introduced over the Russian military operation in Ukraine.

"The Australian Government has placed sanctions on 11 additional Russian banks and government entities, with the majority of the country's banking assets now covered by our sanctions along with all of the entities that handle Russia's sovereign debt," the ministry said in a statement.

"Today's listing includes the Russian National Wealth Fund and the Russian Ministry of Finance. With our recent inclusion of the Central Bank of Russia, Australia has now targeted all Russian Government entities responsible for issuing and managing Russia's sovereign debt," the statement added. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Foreign MinistryMinistry Of FinanceIsraeli finance ministryFinance ministry of indiaPakistan economic affairs ministryPakistan ministry of economic affairsFederal ministries of financeMinistry financePakistan finance ministry
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