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Australia and New Zealand have implemented new sanctions against Russia.

This was reported by the Office of the Prime Minister of Australia and the Ministry of Foreign Affairs of New Zealand.

The Australian government has imposed new sanctions on 70 individuals and 79 organizations. These restrictions are aimed at:

  • those who support Russian proxies in temporarily occupied Ukrainian territories;
  • those who facilitate deepening military cooperation between Russia and North Korea, including the deployment of North Korean troops on the battlefield;
  • targets in Russia's defense, transport, and financial sectors, as well as those spreading disinformation.

Overall, Australia has already allocated more than $1.5 billion, most of which has been directed towards military support and training for fighters. Currently, there are over 1,400 sanctions in place against Russia.

Meanwhile, New Zealand has announced additional sanctions against 52 individuals and companies linked to Russia's military-industrial complex, energy sector, support for North Korea in Russia's military efforts, as well as the deportation or re-education of Ukrainian children.

Foreign Minister Winston Peters also announced the allocation of $3 million for the Trust Fund for Assistance to Ukraine, Recovery, Reconstruction, and Reform, managed by the World Bank, reports the publication Stuff.

Who else plans to impose sanctions on the third anniversary of the full-scale invasion?

The United Kingdom has prepared the largest package of sanctions against Moscow. The new restrictions are aimed at "striking at Russia's revenues and hindering Vladimir Putin's war machine."

Earlier, ambassadors from European Union countries agreed on the 16th package of sanctions against Russia, but official approval is expected on February 24.

The new package will include a ban on the import of Russian primary aluminum, expand the blacklist against Russia's "shadow fleet" tankers, and exclude 13 Russian banks from the electronic system SWIFT.