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ARTICLE · 30 JULY 2014

Update On Canada’s Economic Sanctions Against Ukraine And Russia

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On July 24, 2014, Canada amended the Special Economic Measures (Ukraine) Regulations and Special Economic Measures (Russia) Regulations.

CanadaInternational Law

On July 24, 2014, Canada amended the Special Economic Measures (Ukraine) Regulations and Special Economic Measures (Russia) Regulations to expand the list of "designated persons" with whom Canadians are prohibited from engaging in business and financial dealings. The sanctions were also amended to prohibit new debt and equity financing transactions with designated entities in Russia.

The newly sanctioned individuals and entities are as follows:

Ukrainian Entities and Individuals

  • Donetsk People's Republic, an armed separatist group.
  • Luhansk People's Republic, an armed separatist group.
  • Vladimir Antyufeyev, Deputy Prime Minister of the Donetsk People's Republic.
  • Marat Bashirov, Prime Minister of the Council of Ministers of the Luhansk People's Republic.

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