On May 19, Australia imposed new sanctions against Russia. In particular, the petroleum company Rosneft, a gold mining company, and a number of banks have been subject to new sanctions.
Australian Prime Minister Anthony Albanese and Foreign Minister Penny Wong announced financial sanctions and an export ban targeting sectors of economic and strategic importance to Russia.
Thus, the new financial sanctions will target 21 entities and three individuals.
The Australian government will also introduce a ban on the export of all machinery and related parts to Russia and the territories temporarily under the control of the Russian Federation.
