HomeBhojpuriUS, allies agree to exclude Russia from global payments system SWIFT

US, allies agree to exclude Russia from global payments system SWIFT


The sanctions, agreed with the United States, France, Canada, Italy, Great Britain and the European Commission, also include limiting the ability of Russia’s central bank to support the ruble.

US, allies agree to exclude Russia from global payments system SWIFT

It would also end the “golden passport” for wealthy Russians, a statement said.

Berlin:

Germany and its Western allies have agreed to exclude Russia from the SWIFT global payments system, a spokesman for the German government said on Saturday in a third sanctions package aimed at halting Russia’s invasion of Ukraine.

The sanctions, agreed with the United States, France, Canada, Italy, Great Britain and the European Commission, also include limiting the ability of Russia’s central bank to support the ruble.

It would also eliminate the “golden passport” for wealthy Russians and their families and target individuals and institutions in Russia and elsewhere who support the war against Ukraine, the spokesman said.

“If Russia does not end its attack on Ukraine, and thus on European peacekeeping, the countries stressed their willingness to take further steps,” he said.

(Except for the title, this story has not been edited by UttarPradeshLive.Com staff and is published from a syndicated feed.)

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