The Singapore government has released a list of sanctions against Russia, including export controls on strategic goods and containment measures, CNN reports.
"We will introduce export controls on items that can be used directly as weapons to harm or subjugate Ukrainians, as well as items that may facilitate offensive cyber operations," the Ministry of Foreign affairs of Singapore said in a statement.
The list of sanctions:
-
Singapore Customs will reject all applications for Russian permits for all goods listed as military, electronics, computers, as well as telecommunications and information security;
-
All financial institutions in Singapore will be prohibited from conducting operations or establishing business relationships with major Russian financial institutions, including VTB Bank, VEB.RF, Promvyazbank and Bank of Russia.
-
Singapore will ban transactions and will not facilitate fundraising for the Russian government or the Central Bank of Russia, or any organization associated with the financial institution.
-
Singapore will ban the provision of financial services in the previously occupied areas of Donetsk and Luhansk regions in the field of transport, telecommunications and energy.
-
Digital payment service providers are prohibited from making any transactions that may help circumvent these financial measures.