Singapore will impose sanctions on Russia over its invasion of Ukraine, including blocking financial transactions.
AFP/Oscar Del Pozo
The Asian city-state joins others including the US, EU, Britain, Canada, Japan, Australia, and Taiwan in imposing economic sanctions against Russia as global leaders seek to ramp up pressure on the Kremlin. But given"the unprecedented gravity" of Russia's attack,"Singapore intends to act in concert with many other like-minded countries to impose appropriate sanctions and restrictions against Russia," he said.Balakrishnan also cited Russia's blocking of a draft Security Council resolution deploring its"aggression" in Ukraine as a reason for the move.
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