All goods from Russia and Belarus will be subject to an additional duty of 35%, the Australian government has decided. Earlier, Canberra announced an embargo on oil and other energy supplies from Russia from April 25.

Australia will cancel the most favored nation trade treatment for Russia and Belarus and apply an additional 35% duty on imports from these two countries. This decision was made by Australian Prime Minister Scott Morrison, according to the website of the head of government.

Canberra will publish a formal notice of this on April 1, the measure will come into force on April 25 this year.

Australia made the corresponding decision on the basis of a statement by a number of members of the World Trade Organization (WTO), the message says, which condemned Russia’s actions in Ukraine and consider it necessary to take the necessary actions to “protect our basic security interests.”

As measures to support the Ukrainian people, Australia is providing $65 million in humanitarian aid to Kiev, 70,000 tons of coal to support Ukraine’s energy security, as well as temporary visas for Ukrainian refugees and assistance to Ukrainian public organizations in Australia, the Prime Minister’s office said.

More than 500 individuals and legal entities have already been included in the sanctions lists of Australia, and from April 25, a ban on the import of oil and other energy products from Russia will come into force. “Our sanctions on Russia represent the largest ever imposed by Australia on any single country,” the Australian government said in a statement.

At the end of March, as part of restrictive measures, Australia banned the export of aluminum ore, bauxite and alumina to Russia. The country’s Foreign Ministry explained that they intend to limit Moscow’s ability to produce aluminum, which is one of the key elements of Russian exports, since Australian alumina provides 20% of Russia’s needs. Rusal, Russia’s largest aluminum producer, then warned of the risks to business amid sanctions. The company’s second largest alumina asset is the Nikolaev Alumina Refinery, located in Ukraine, where production has stopped.

The Australian authorities approved the ban on the import of Russian energy resources in mid-March. According to the order of the head of the Australian Foreign Ministry Maryse Payne, oil, oil products, natural gas, coal, peat, tar, pitch coke, peat wax and others fell under the restriction.

An embargo on gas and oil supplies from Russia has already been adopted in the United States, this issue is a topic of discussion in the European Union. The Kremlin pointed out that such a decision would “hit everyone,” and spoke about the existence of another market for the sale of Russian energy resources – in Southeast Asia. “Certainly, falling orders for oil will be compensated by orders from that direction, the eastern direction,” said Dmitry Peskov, a spokesman for the Russian president.

The Australian government also mentioned the position of a number of WTO member countries, we are talking about the statement of 14 states, which in mid-March called for depriving Russia of the most favored nation treatment in trade. Previously, this status in trade Moscow was deprived of by Washington and Tokyo. Russia’s representation in the WTO responded by warning of risks to the multilateral trading system due to “aggressive and politically motivated” trade restrictions.

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