Expanded Australian sanctions were initially announced on September 1st of last year, but weren't in force until today. They include the following restricted activities:
- the export to and import from Russia of arms and related materiel;
- the export to Russia of specified items for use in petroleum exploration and production;
- the export to Crimea and Sevastopol of specified items for use in the energy and minerals sector;
- commercial dealing with certain capital financial market instruments issued by certain Russian state-owned entities; and
- Australian investment in Crimea and Sevastopol related to infrastructure, transport, telecommunications, energy, oil, gas and minerals sectors.
For individuals and firms with existing legal obligations that run afoul of the restrictions, they can apply for authorization on the Online Sanctions Administration System (OSAS).
DFAT has also released the public consultation report on these expanded sanctions.
As for the title of the post, the notice states that the expanded sanctions “closely match” those of the EU, US and Canada. Makes the boat go faster when all the oars all pull the same direction at the same speed..
Links:
DFAT Sanctions: Crimea and Sevastopol, Russia, Ukraine
Online Sanctions Administration System
Posted with BlogsyFiled under: Crimea Ukraine sanctions, DFAT Updates, Russia sanctions, Sanctions Programs, Sanctions Regulations, Ukraine sanctions
