Le Lézard
Classified in: Business
Subjects: FOR, CFG

Prime Minister announces new sanctions in support of Ukraine and funding for nuclear safety and security


HIROSHIMA, Japan, May 19, 2023 /CNW/ - Canada stands shoulder-to-shoulder with Ukraine as it defends itself in the face of Russia's war of aggression, and we will continue to support the Ukrainian people for as long as it takes.

Today, at the G7 Summit in Hiroshima, Japan, Prime Minister Justin Trudeau reiterated that Canada condemns Russia's brutal and unjustifiable war of aggression against Ukraine, its targeting of civilians, forcible deportation of children, seizure and exploitation of nuclear facilities in Ukraine, and use of nuclear rhetoric.

At the Summit, the Prime Minister announced that Canada is imposing new sanctions under the Special Economic Measures (Russia) Regulations. Building on the Government of Canada's already extensive sanctions regime, this includes:

The Prime Minister made this announcement on the opening day of the Summit, where G7 Leaders discussed the ongoing global impacts of Russia's war and Ukraine's immediate military and financing needs as well as longer-term challenges related to its reconstruction and economic recovery. G7 Leaders issued a statement reiterating their collective support for Ukraine.

On their first day in Hiroshima, G7 Leaders also issued the Hiroshima Vision on Nuclear Disarmament, in which they condemned Russia's reckless nuclear rhetoric and underscored the importance of maintaining the 77-year record of non-use of nuclear weapons. Together with our G7 partners, Canada is steadfast in its determination to advance global nuclear disarmament and non-proliferation.

To address threats posed by North Korea's weapons of mass destruction (WMD) programs, Prime Minister Trudeau announced a total of $15 million for five projects that will help ensure that the international community is better able to identify, investigate, and respond to North Korea's WMD activities, including sanctions evasion. These projects will provide credible, publicly available information about North Korea's capabilities to produce weapons and materials of mass destruction.

Continuing Canada's leadership role as a key funder of the International Atomic Energy Agency (IAEA), Prime Minister Trudeau announced an additional $4 million to the IAEA to continue verification and monitoring of Iran's nuclear commitments. This new funding will help ensure the international community is able to track Iranian activities and maintain strong verification capacity until monitoring activities can resume in-country. The Prime Minister also highlighted Canada's recent contribution of $2 million for the IAEA's efforts to support the safety, security, and safeguards of the Zaporizhzhia Nuclear Power Plant and other nuclear facilities in Ukraine.

Canada stands with the G7, more united than ever, ready to work with all willing partners to defend a peaceful and prosperous international order based on the rule of law. We will always oppose any attempts to change the status quo by force.

Quote
"Russia's brutal and unjustifiable invasion has caused immeasurable pain and suffering in Ukraine and all over the world ? from loss of life and home to food and energy insecurity. Putin's reckless nuclear rhetoric threatens us all. Our message from Hiroshima is clear: G7 partners will continue to apply pressure on Russia to end its war of choice, and we will not be intimidated by nuclear rhetoric as we continue our pursuit of a more peaceful, stable, and secure future for everyone."
? The Rt. Hon. Justin Trudeau, Prime Minister of Canada

Quick Facts

Related Products

Associated Links

This document is also available at https://pm.gc.ca

SOURCE Prime Minister's Office


These press releases may also interest you

at 20:55
Mulvihill Capital Management Inc. (the "Manager"), the manager of World Financial Split Corp. (the "Fund") announced today that the board of directors of the Fund has approved a proposal to change the investment objectives, strategy and restrictions...

at 20:54
Starlight Children's Foundation CEO, Adam Garone, has been named Nonprofit Executive of the Year (Large), by the Los Angeles Business Journal. The prestigious award was presented at the annual Nonprofit and Corporate Citizenship Award luncheon held...

at 20:44
Alerian MLP ETF (the "Fund" or "AMLP") has modified the estimate of the Fund's deferred tax liability based on information reported by the Master Limited Partnerships (MLPs) and recorded an additional tax accrual of approximately $32.1 million...

at 20:25
SmartCentres Real Estate Investment Trust ("SmartCentres" or the "Trust") announced today the voting results from its Annual General Meeting of the holders of Units and Special Voting Units (the "Meeting") held today. The total number of...

at 20:00
Chainstack, a frontrunner among the top three global Web3 infrastructure providers, has successfully secured a strategic investment from SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures. This investment will...

at 20:00
Stockholm Exergi has announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world's...



News published on and distributed by: