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ARTICLE · 23 FEBRUARY 2015

Canada Imposes Additional Sanctions, Including Against Rosneft

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Thr Government of Canada announced a new round of sanctions against Russian and Ukrainian individuals and entities, including leading Russian oil firm NK Rosneft OAO.

CanadaInternational Law
Sabrina Bandali
Sabrina Bandali
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On February 17, 2015, the Government of Canada announced a new round of sanctions against Russian and Ukrainian individuals and entities, including leading Russian oil firm NK Rosneft OAO.

In response to what Prime Minister Stephen Harper called the "escalated acts of aggression" in recent weeks by Russian-backed fighters in Eastern Ukraine, Canada amended the list of designated persons under the Special Economic Measures (Russia) Regulations and the Special Economic Measures (Ukraine) Regulations to impose travel bans against 37 Russian and Ukrainian individuals and economic sanctions against 17 Russian and Ukrainian entities.

It is prohibited for Canadians to engage in most business dealings with listed individuals or entities. Importantly, the newly-expanded list now includes Rosneft, Russia's largest oil producer, as well as military officials, politicians and leaders of Russian-backed separatist forces in Ukraine. Canada's amendments will prevent Canadians

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