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New package of Canadian sanctions not to be left without retaliatory measures — Deputy FM

September 17, 2014, 10:40 UTC+3

The move by Canada’s authorities to announce sanctions against Russia comes in attempt to “create context” for the forthcoming visit of Ukrainian President Petro Poroshenko

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© ITAR-TASS/Gennady Khamelyanin

MOSCOW, September 17. /ITAR-TASS/. The new package of Canadian sanctions against Russia will not be left without retaliatory measures, Russian Deputy Foreign Minister Sergei Ryabkov said Wednesday.

"Another package of Canadian sanctions imposed on Russia will be studied, these unacceptable actions will not be left without retaliatory measures." 

“We are indignant in particular over the fact that Canadian government pursues such a defiant and demonstrative policy of pressure on Russia,” the diplomat said, adding that “The lack of independence of this policy, its time-serving nature and its purely geopolitical character not related to strengthening of our relations is doubtless.”

Ryabkov also added that the move by Canada’s authorities to announce sanctions against Russia comes in attempt to “create context” for the forthcoming visit of Ukrainian President Petro Poroshenko.

“This is bad that these [sanctions] are a ground which the Stephen Harper regime attempts to create amid the Ukrainian president’s visit to Ottawa,” Ryabkov said. “We notice everything and make conclusions,” he added.

Canada's new sanctions against Russia

On Tuesday, Canada imposed a new package of sanctions against Russia.The new sanctions touches upon four individuals, five organizations and one financial institution.

The sanctions list includes: Russian state savings bank Sberbank, the Mytishchi Machine-Building Plant, the Kalinin Machine-Building Plant (military hardware manufacturers), the Tikhomirov Scientific Research Institute of Instrument Design (developer of weaponry control systems).

It also includes the Dolgoprudny Research Production Enterprise (air defense system manufacturer) and the Altair Marine Scientific Research Institute of Radioelectronics (missile system and radar developer).

The individuals affected by the sanctions are: Russian deputy defense ministers Army General Dmitry Bulgakov and Colonel-General Yury Sadovenko, first deputy chief of the Russian Armed Forces General Staff, Central Military District Troops Commander Colonel-General Nikolai Bogdanovsky and Russian Ground Forces Commander Colonel-General Oleg Salyukov.

Entry to Canada for them is banned, and all possible assets will be frozen.

Sanction attacks continue despite the deal on ceasefire in Ukraine

The European Union and the United States imposed the latest batch of sectoral sanctions against Russia on September 12 despite the deal on a ceasefire, signed in Minsk a week before, between Kiev and the self-proclaimed Donetsk and Luhansk People’s republics (DPR and LPR) in the embattled southeast of Ukraine.

The EU’s new punitive measures envision a ban for Russia’s largest state banks - Sberbank, VTB, VEB, Gazprombank and Rosselkhozbank to place bonds with maturity terms of over 30 days. The penalties also stipulate a ban on debt financing for energy companies Rosneft, Transneft and Gazprom Neft and defense enterprises Uralvagonzavod, Oboronprom and the United Aircraft Corporation.

The new US sanctions list includes Sberbank, Bank of Moscow, Gazprombank, Rosselkhozbank, Vnesheconombank, and VTB. Now they cannot borrow for a period of more than 30 days. The US has also blocked the assets of five defense enterprises and banned the export of goods, services and technologies for projects carried out by Gazprom, Gazprom Neft, Lukoil, Surgutneftegaz and Rosneft.

Russia came under Western punitive measures, originally visa bans and asset freezes, for incorporation of Crimea in mid-March after a coup in Ukraine in February. Later, Western claims that Russia is taking part in hostilities in southeast Ukraine, which Moscow has repeatedly denied, resulted in more serious, sectoral, restrictions.

In response, Moscow imposed on August 7 a one-year ban on imports of beef, pork, poultry, fish, cheeses, fruit, vegetables and dairy products from Australia, Canada, the EU, the United States and Norway.

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