The economic sanctions Australia has imposed in the wake of Russia’s invasion of the Ukraine are an extension of those applied in 2014 after Russia annexed the Crimea.
As with the US, UK and European Union sanction regimes, Australia’s operate across three areas:
technological, involving bans on exports of goods for use in oil and gas exploration and weapons production
financial, involving bans on financial services and financial trading with designated entities
personal, involving travel bans and limits on commercial relations for designated people
