Norway joins EU sanctions against Russia Sanctions

will have "far-reaching consequences" for Norwegian businesses in the east of the Finnmark region bordering RUSSIA,Norwegian Foreign Ministry said

Norway has joined part of the sanctions against Russia imposed by the European Union. We are talking about three packages of restrictive measures approved by the EU before March 9, the Norwegian Foreign Ministry said in a statement.

“Today, the most extensive package of sanctions ever imposed by Norway has been incorporated into Norwegian law by the government. The sanctions are a response to Russia's illegal attack on Ukraine, as well as an expression of Norway's solidarity with the Ukrainian people," said Norwegian Foreign Minister Anniken Huitfeldt.

She explained that the fourth package of restrictive measures, introduced by the EU on March 15, is now under consideration by the Norwegian authorities. Norway did not include in the sanctions package a ban on RT broadcasts and the operation of the Sputnik agency, since these measures raise "fundamental questions" that take time to assess. Earlier, RT broadcasting and Sputnik were banned in the EU.

Experts named the sectors of the Russian economy most vulnerable to sanctions Economics

The Norwegian sanctions target Russia's financial, energy, transport, technology and defense sectors, and include restrictive measures against "hundreds" of individuals and entities, the Norwegian Foreign Ministry said in a statement, stressing that violation of restrictive measures is a criminal offence.