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French Foreign Ministry spokesperson says E3 wants to reopen the way for diplomacy with the Iranian nuclear program.
Araghchi: The Cairo agreement has been effectively cancelled following the illegal action taken by the E3 countries at the Security Council
Araghchi: The E3 and Washington are undermining the credibility and independence of the IAEA and disrupting the course of cooperation between the agency and Iran
Araghchi, commenting on the IAEA decision: The United States and the E3 are ignoring Iran's good faith
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Al Mayadeen's correspondent in Vienna: 19 voted in favor of the draft, 3 voted against, while 12 abstained
Al Mayadeen's correspondent in Vienna: The IAEA Board of Governors votes in favor of the European draft resolution on the Iranian nuclear file

New Canada sanctions cannot affect Russian Economy - Envoy in Ottawa

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Jun 2022 00:02
3 Min Read

Russia's Ambassador, Oleg Stepanov, reveals that Canada's new sanctions against Russia are "symbolic."

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  • New Canada sanctions cannot affect Russian Economy- Envoy in Ottawa 
    New Canada sanctions cannot affect Russian Economy- Envoy in Ottawa 

Russia's Ambassador to Canada, Oleg Stepanov, said that Canada's latest sanctions against Russia are symbolic and will have no effect on the Russian economy. 
 
Earlier in the day, Canada sanctioned six individuals and 46 entities associated with Russia's defense sector, as well as over two dozen individuals and entities in Belarus and Ukraine.

According to the statement, Canada has also moved to prohibit the export of certain advanced technologies to Russia, including quantum computers and advanced manufacturing equipment, and has expressed intent to sanction Russian-state-sponsored "disinformation agents."

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Read next: Canada, UK introduce new sanctions against Russia
 
"Apparently, the Canadian side cannot offer anything good, constructive, so they enthusiastically took on a destructive role and are playing it with pleasure," Stepanov said. "But I want to emphasize once again that all these sanctions are absolutely empty symbolism because they cannot have any effect on the Russian economy." The diplomat expressed the belief that sanctions will have a zero effect. 
 
"It is difficult to take it seriously because the inclusion of high-tech companies from Russia in this sanctions list will not have any impact either on them or the Russian side. It is quite obvious that in their activities they did not and would not have any business contacts with the Canadian side, so another expansion of the list is another gesture of empty symbolism of the Trudeau cabinet." 

Read next: Trudeau: Canada to impose sanctions on Russian individuals
 
When asked if he was invited to the Canadian Foreign Ministry to learn about the announcement, he said no, Stepanov replied, adding, "We have already passed this period." 
 
"Now the Trudeau cabinet is stamping these sanctions in an automatic mode," he said. "In fact, if you remember, some time ago, Minister of Foreign Affairs Melanie Joly publicly promised to issue some kind of regular anti-Russian measures every week or two. This is what the Canadian government seems to be doing now in an automatic mode." 
 
Stepanov added that this "unfriendly and hostile" step by Canada will be met with a response. The diplomat noted that trade and economic relations between Russia and Canada are completely destroyed, while the Trudeau cabinet is being guided by the need to "show off in front of their Western allies" and the local Ukrainian community. 
 
The Group of Seven leaders, who are meeting in Germany for their 2022 summit, have agreed to put more pressure on Russia by imposing new sanctions on Moscow and its allies. 

Read next: G7 touts $600 bn global infrastructure plan to rival China

  • Oleg Stepanov
  • Canada
  • G7
  • Germany
  • Russia
  • United States

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