Canada to impose sanctions on range of Russian firms and banks


  • World
  • Friday, 25 Jul 2014

OTTAWA (Reuters) - Canada said on Thursday it will impose sanctions on "a broad range" of Russian companies and banks to punish Moscow for what it said was the illegal occupation of Crimea and "provocative military activity" in eastern Ukraine.

The companies include Novatek OAO, Russia's No. 2 natural gas producer, as well as Gazprombank OAO, Russia's third largest bank by assets. The measures also target state development bank Vnesheconombank GK and small-arms producer Kalashnikov.

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