Canada Announces Restrictions on Certain Service Exports to Russia
Canada last week announced another set of Russia sanctions, including a ban on the export of 28 services “vital” for the operation of oil, gas and chemical industries. The ban also applies to technical, management, accounting and advertising services, Canada…
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said. The country said the ban is meant to target Russia’s energy and chemical industry, which “accounts for about 50% of Russia’s federal budget revenues.” The sanctions took effect June 8.