Norway imposed sanctions against Russia/Unsplash
Norway imposed a new package of sanctions against Putin and the Russian regime due to a full-scale invasion of Ukraine.
This was stated by Norwegian Foreign Minister Anniken Huitfeldt. According to her, the sanctions will come into force on June 17.
Norway has imposed new sanctions against Russia
We support the European Union on sanctions against Russia in order to increase pressure on the authorities of the country and the elite on the list. Now we ban the import of oil transported by sea from Russia to Norway,” Huitfeldt said.
According to her, the adopted sanctions include a complete ban on the import of crude oil and other petroleum products from Russia. But the refusal will take place gradually, it is necessary to completely abandon crude oil before December 5, 2022, from oil products until February 5, 2023.
The Norwegian government stressed that the sanctions are aimed at reducing Russia's ability to finance the war in Ukraine and against the main supporters of the Russian regime.
“The sanctions are being strengthened in several rounds. Due to the ban on oil imports, the the ban on a number of other goods that could affect the military potential of Russia, the opportunity to trade with Russia is very narrow,” the Foreign Minister notes.
According to her, although Norway's trade with Russia was small compared to many other countries, some Norwegian companies and their employees were hit hard by the sanctions.
What the 6th package of sanctions against Russia envisages
- new sanctions against 65 people and 18 companies. A total of 1158 people and 98 companies are on the list;
- a ban on the purchase, import or transfer of oil transported by sea;
- a ban on the provision of technical assistance and financing of companies related to the purchase, import or the transfer of oil;
- a ban on the provision of technical assistance and financing of companies involved in the transportation of oil from Russia to third countries;
- three more banks were disconnected from the Swift payment system – this is the largest Russian bank Sberbank, Credit Bank of Moscow, and Russian Agrobank;
- expanding export controls/bans, such as goods that could help boost Russia's military and technological capabilities:
- banning certain legal services individuals or the Russian government, such as auditing and accounting and financial advice.
