The government will impose trade sanctions on Russia for wartime atrocities committed in Ukraine, increasing Russian import tariffs to 35% and banning the export of computers and motors.
The import tariff hikes and export bans, announced on Wednesday afternoon, were the latest in a sanctions effort aimed at punishing Russia for its brutal invasion of Ukraine, which is now in full swing. its sixth week.
On Monday, the government announced that another 36 Russian oligrachs and their family members would be punished.
“New Zealand will apply tariffs to all Russian imports, and ban the export of industrial products such as ICT equipment and engines, sending a clear message that New Zealand will not fund or support the Russian war machine. “Trade and Export Growth Minister Damien O’Connor said in a statement.
ROBERT KITCHIN/Stuff
Foreign Minister Nanaia Mahuta has announced a new round of sanctions against Russia. (file photo)
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