Friday, March 11, 2022

Operational situation on the diplomatic front as of March 11, 7 pm

The anti-Putin coalition is imposing new sanctions that will further deep Russia's economic isolation. Today, the United States has deprived Russia of its "greatest promotion" status in its market, eliminating the important benefits that Russia has as a member of the World Trade Organization. In addition, President Joe Biden issued a decree banning the export of US dollars to Russia. The ban will also apply to imports of Russian vodka, seafood and diamonds into the US.

Sanctions

  • The United Kingdom has imposed sanctions on 386 members of Russia's State Duma for voting for the independence of the so-called "DPR" and "LPR". The new sanctions will ban people on the list from traveling, accessing assets and doing business in the UK
  • Canada has imposed a new package of sanctions against Russia. The restrictions apply to 32 defense companies and five current and former Russian high-ranking officials and supporters of the Russian regime. In particular, Russian oligarch Roman Abramovich came under sanctions
  • The European Union has prepared a fourth package of sanctions against Russia for its invasion of Ukraine. In particular, the EU intends to deprive Russia of the status of the most favorable in its markets. The European Union will also work to end Russia's rights to membership in leading financial institutions, including the IMF and the World Bank

Financial Aid

The European Commission has provided 300 million euros in emergency macro-financial assistance to Ukraine. This is the first tranche of the 1.2 billion euro package. The funds are intended to increase Ukraine's macroeconomic stability and create conditions that will help minimize the risks associated with external factors, such as Russian aggression

Isolation of the Russian Federation

  • Tobacco company British American Tobacco has announced its withdrawal from the Russian market
  • Avast, a popular antivirus program for computers, tablets and smartphones, will be unavailable to users in Russia and Belarus
  • The Marriott International hotel chain is closing its Moscow office and suspending the opening of new hotels in Russia
  • YouTube has started immediately blocking Russian state media channels around the world

Humanitarian aid

  • The Swiss Federal Council has increased the aid package to 80 million francs for the humanitarian needs of Ukrainians affected by Russian aggression
  • A group of Latvian motorists, coordinated by the Latvian Ministry of Defense, delivered 54 cars to Ukraine for the Armed Forces and the National Guard of Ukraine, as well as long-term storage products and motor fuel
  • The Government of Pakistan has decided to provide humanitarian assistance to Ukraine
  • Ukrainians in Nice organized the sending of 5 fire engines filled with humanitarian aid, including medicines and defibrillators
  • The all-Austrian marathon "Nachbar in Not" ("Neighbor in Trouble") has started in Austria. Thanks to the initiative, donations worth almost 25 million euros have already been collected, and will later come to the aid of Ukrainian citizens

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