Russia Approves List of “Unfriendly Countries”
Amid the Russian invasion of Ukraine, President Vladimir Putin-led government on Monday approved a list of countries and territories that commit “unfriendly” actions against Russia, its companies, and its citizens, reported the country’s TASS news agency. The list includes countries and territories that has imposed or joined the sanctions against Russia after the start of the invasion of Ukraine. The list includes the United States and Canada, the EU states, the UK (including Jersey, Anguilla, the British Virgin Islands, Gibraltar), Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, North Macedonia, and also Japan, South Korea, Australia, Micronesia, New Zealand, Singapore, and Taiwan (considered a territory of China, but ruled by its own administration since 1949). The government noted that according to this decree, Russian citizens and companies, the state itself, its regions and municipalities that have foreign exchange obligations to foreign creditors from the list of unfriendly countries will be able to pay them in rubles. The new temporary procedure applies to payments exceeding 10 mln rubles per month (or a similar amount in foreign currency). Sanctions akin to declaration of war: Putin Mounted under crippling sanctions, Russia’s economy has been plunged into crisis. Nations in the...
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