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Canadian Foreign Minister Melanie Joly on Friday (20/5) announced a ban on exports of targeted luxury goods to Russia as well as a ban on imports of targeted luxury goods from Russia. According to a news release, Canada banned the export of targeted luxury goods to Russia, including alcoholic beverages, tobacco, a number of textile products and sportswear, footwear, luxury clothing and accessories, jewelry, kitchenware, and works of art. Canada has also banned imports of targeted luxury goods from Russia, which include alcoholic beverages, seafood, fish and non-industrial diamonds.

 People are seen inside a shopping center in Vancouver, British Columbia, Canada, on March 11, 2022. (Xinhua/Liang Sen

Combined, these categories include C$75.7 million worth of goods (Canadian $1 = Rp11,471) in 2021.

Meanwhile, Canada has imposed new sanctions on 14 individuals including Russian oligarchs, their family members and close colleagues of Russian President Vladimir Putin.

The bans will help reduce the chances for the Russian oligarchs to circumvent restrictions in other luxury markets, the news release said.

In addition, Canada also imposed a ban on the export of goods that could be used in the production and manufacture of weapons by Russia.

Since February 24 this year, Canada has imposed sanctions on more than 1,000 individuals and entities from Russia, Ukraine and Belarus