Canada imposes fresh sanctions on Russia’s oil, fuel, chemical industries | World News

Canada imposes fresh sanctions on Russia’s oil, fuel, chemical industries | World News

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Ottawa: Canadian Foreign Affairs Minister Melanie Joly has introduced that Canada is imposing new sanctions on Russian oil, fuel, and chemical industries. The Minister mentioned in a information launch on Wednesday that these new measures are imposing a ban on the export of 28 companies important for the operation of the oil, fuel and chemical industries, together with technical, administration, accounting, and promoting companies, Xinhua information company reported.

The banning of the exportation of oil, fuel and chemical companies is focusing on an business that accounts for about 50 per cent of Russia`s federal finances revenues, she added. Since February 24 this yr, Canada has imposed sanctions on greater than 1,070 people and entities from and in Russia, Ukraine and Belarus. ALSO READ: Prophet row: Owaisi, Nupur Sharma booked for spreading hate messages on social media

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