The Government has announced a fresh wave of sanctions against individuals and entities helping Russia’s war efforts against Ukraine, including Russia’s “shadow fleet”.
The latest round of sanctions, announced by Foreign Minister Winston Peters today, targeted actors involved in Russia’s military-industrial complex and its supporters from North Korea, Iran, and Belarus.
The new sanctions targeted a further 18 individuals and entities.
“New Zealand must continue to hold Russia and its enablers accountable. Military support from actors in North Korea, Iran, and Belarus has helped Russia sustain its illegal war of aggression against Ukraine,” Peters said.
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The sanctions also targeted 27 “shadow fleet” vessels – ships operated by Russia to avoid policing of sanctions, including the transport of Russian oil above the G7 Plus price cap. This was adopted by New Zealand last year.
“The designation of Russia’s ‘shadow fleet’ reflects a joint effort with like-minded international partners to prevent sanctions evasion and to maintain the pressure on Russia in support of a just and lasting peace for Ukraine,” Peters said.
Since they were first introduced in March 2022, New Zealand has imposed sanctions on more than 1800 individuals, entities, and shipping vessels. It has also implemented a range of trade measures.
