Ministry of Foreign Affairs: "Suspending Transactions with Russia's Central Bank... Also Communicated to the U.S."
[Asia Economy Reporter Lee Ji-eun] On the 7th, the Ministry of Foreign Affairs announced that it has decided to join additional financial sanctions, including the suspension of transactions with the Central Bank of Russia.
Previously, our government suspended financial transactions with seven major Russian banks on the 1st and imposed financial sanctions such as excluding some Russian banks from the SWIFT network.
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The Ministry of Foreign Affairs stated, "Specific details will be announced promptly after review and consultation with related ministries," and added, "The government plans to promptly communicate this decision to the United States and other relevant countries."
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