The Russian government led by President Vladimir Putin has approved a list of "unfriendly states" that includes all European Union countries, the United States and Australia among others amid the war in Ukraine, the Interfax news agency reports.
Apart from countries, the hostile list also includes foreign territories that, according to officials in Moscow, have committed hostile actions against the Russia, its companies and citizens.
According to Interfax, the list was signed by Prime Minister Mikhail Mishustin and is part of the Decree of the President of the Russian Federation issued on March 5 on the temporary procedure for fulfilling obligations with certain foreign creditors.
The list includes the 27 member states of the EU that have approved strong sanctions against Russia following its invasion of Ukraine on February 24.
Other countries to figure in the list are: Australia, Albania, Andorra, Iceland, Liechtenstein, Micronesia, Monaco, New Zealand, Norway, the United Kingdom, South Korea, San Marino, North Macedonia, Singapore, Taiwan, Montenegro, Switzerland, Japan and Ukraine.
Until now, the list only included the US and the Czech Republic.
In practical terms, being on the list simply means that Russian citizens, companies, or the government itself can only pay debts to any individual or company in roubles.
The Russian rouble has been recording big losses for days and on Monday it also fell significantly against the US dollar and the euro.
with reporting from DPA
Australian Associated Press
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