Canada bans Russian officials and diamonds

Canada has banned Russian officials and diamonds after the death of Alexei Navalny, a Russian opposition leader.

At first, Six Russian officials were sanctioned under the Special Economic Measures (Russia) Regulations.

“This increased pressure on the Russian government sends a clear signal that human rights must be unequivocally respected”

Mélanie Joly, Minister of Foreign Affairs

The names of the individuals added to the sanctions list are:
1. Vadim Konstantinovich KALININ
2. Alexandr Vladimirovich VARAPAEV
3. Igor Borisovich RAKITIN
4. Marina Andreyevna BOBEK
5. Yekaterina Sergeyevna FROLOVA
6. Kirill Sergeevich NIKIFOROV

Additionally, the Canadian government decided to impose additional import restrictions on Russian diamonds. Currently, Russia is the world’s largest rough diamond producer, with its production valued at more than approximately $4.7 billion in 2022. G7 countries represent 70% of the world diamond market.

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