BANGKOK Feb 28Singapore will impose «export controls» on Russia, preventing the supply to the Russian Federation of any goods that «can be used as weapons, or tools to harm Ukrainians, or subdue them.» This was announced on Monday, speaking in the parliament of the city-state, Minister of Foreign Affairs of Singapore Vivian Balakrishnan.Sanctions against Russia have destroyed the legal institutions of the West, said Klishas According to the minister, Singapore is also blocking certain Russian or Russian-related banking and financial transactions. Times.» We continue to highly value our good relations with Russia and the Russian people. However, we cannot accept such violations of the sovereignty and territorial integrity of another sovereign state. We will continue to work, together with our ASEAN partners and other international partners, towards developing a strong stand against the invasion of Ukraine, ending violence and bloodshed, and defusing tensions,» the Singapore Foreign Minister said.EU agrees on sanctions against key political figures in Russia Balakrishnan noted that sanctions against Russia could cause losses and costs for Singaporean businesses. “That is true. But if we, as a country, do not stand up for the fundamental principles of independence and sovereignty, our own right to exist and prosper as a nation may one day also be called into question,” said Balakrishnan. Russian President Vladimir Putin on February 24 announced the start of a military operation to demilitarize Ukraine. In an address to fellow citizens, he said that the circumstances «require decisive and immediate action,» since the Donbass republics turned to Moscow for help. Later, the Russian Ministry of Defense emphasized that the Russian military does not inflict any strikes on the cities of Ukraine: military infrastructure is disabled by high-precision means. In response, Western countries have imposed another anti-Russian sanctions since 2014. In particular, many EU countries announced the decision to close the airspace for Russian aircraft. The Russian Federation responded by restricting the use of its airspace to aircraft linked to or registered with the UK, including transit flights. As the press secretary of the President of the Russian Federation Dmitry Peskov said earlier, Russia was preparing for sanctions in advance. He added that they require analysis and coordination of departments in order to develop response measures.
