Sanctions Australia-Russia

Last updated: 4 April 2022

 

Australia was one of the countries that, since 2014, has imposed autonomous sanctions on Russia, initially for the annexation of Crimea and now extended due to the conflict across Ukraine.

The restrictive measures imposed by the Australian government fall into three major fields: restrictions on exports and imports of certain goods to/from Russia; a ban on the development of certain business activities with Russian organizations; sanctions on a range of individuals linked, directly or indirectly, to the Russian government or the invasion of Ukraine.

 

Key Sanctions:

 

Ban on exports

– Aluminum and bauxite to Russia (About 20% of the aluminum coming into Russia is from Australia)

– Arms and military equipment

– Certain luxury goods

– Materials used in oil exploration and production

 

Import restrictions

– Arms or military material originated in or exported from Russia;

– Any goods produced in or exported from the Russian-controlled Ukrainian regions

 

Ban on the development of business activities with:

– Russian state-owned banks

– Russian companies dedicated to military equipment and services

– Russian state-owned companies engaged in the sale or transportation of crude oil or petroleum products

 

Financial sanctions and ban on entry to Australia for more than 400 people, including:

– Vladimir Putin, Sergei Lavrov (Foreign Minister); Vladimir Kolokoltsev (Minister of Internal Affairs), Mikhail Mishutin (Prime Minister) and Sergei Shoigu (Defence Minister);

– Members of the State Duma

– Officers of the Russian Army

– Members of the Security Council of Russia

– Russian oligarchs

– CEOs of big Russian companies (e.g. Gazprom)