Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
UKMTO says vessel reported a small craft colliding with it, attempting to collide with other vessels in the area
UKMTO says it received a report of an incident 80NM northwest of jebel Ali, UAE
Israeli Foreign Minister says 'Israel' fully endorses Trump plan for Gaza aid: Reuters
Iranian state media: The fourth round of nuclear talks between Tehran and Washington has kicked off in Oman
Senior Israeli intelligence official: Contacts are underway between Syria and "Israel" to retrieve the body of the spy Eli Cohen
Reuters: US and Chinese officials met again in Geneva to resume trade talks
Al Mayadeen's envoy: The process of uranium enrichment is the main obstacle in the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: If we see that the other party deviates from the agreed-upon frameworks, we will not continue the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: Iran is ready to reassure all parties that its nuclear program will remain peaceful
Araghchi: Iran's position on its right to a nuclear program is firm, but we are ready for greater transparency and hope that the other side's approach will be clear

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."

  • x
  • 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."

Related News

Once in lockstep, Trump and Netanyahu no longer in sync: NYT

Cargo jet carrying 14 tons of explosives departs JFK for 'Israel'

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

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

Pakistan downs 3 Indian jets, hits military base in Kashmir escalation

  • Politics
  • 7 May 2025
A Yemeni gunman walks past paintings depicting rockets and scenes in solidarity with Gaza, displayed on a roadside fence in Sanaa, Yemen, Monday, May 5, 2025 (AP)

Oman brokers US-Yemen ceasefire, Israelis in dark regarding deal

  • Politics
  • 6 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Lindsay Hoyle kept nearly 300 gifts as Commons Speaker
Politics

300 gifts later, Speaker Hoyle sparks questions on MPs gifts rules

Echoes of nuclear safety in the age of artificial super intelligence
Technology

AI firms urged to calculate catastrophe odds like Oppenheimer

UK Lawyers for Israel under fire over Gaza obesity remarks
Europe

Advocacy group slammed for calling Gaza starvation a fix for obesity

Rep. Bonnie Watson Coleman, D-N.J., speaks with an officer demanding she be let into the ICE Detention office after the arrest of Newark Mayor Ras Baraka, Friday, May 9, 2025, in Newark, N.J. (AP)
Politics

Tensions escalate: DHS may arrest Congress members over ICE incident

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS