The country is facing new sanctions!

Australia has imposed new sanctions on Russia.

Aniruddha Chakraborty
New Update

BY A STAFF REPORTER: Australian Prime Minister Anthony Albanese and Foreign Minister Penny Wong said in a joint press release on Friday that Australia has imposed new financial sanctions and export sanctions on Russia. The sanctions were imposed on 21 companies, including state-owned energy company Rosatom and Russia's largest petroleum and gold company.

Defense agencies supporting Russia's war in Ukraine and five Russian banks and three individuals were also targeted. Meanwhile, Australia will temporarily ban the export of all machinery and related parts to Russia and russian-controlled territories.

Penny Wong said the sanctions were aimed at sectors of economic and strategic importance in Russia. '