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Australia extends sanctions on Russian state-owned enterprises.

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Australia imposed sanctions on 14 Russian state-owned enterprises in order to undercut Russia's ability to "continue funding Putin's war," Minister for Foreign Affairs Marise Payne said on April 13. The list of sanctioned entities include Russian truck-maker Kamaz and shipping firms SEVMASH and United Shipbuilding Corp, as well as Ruselectronics.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

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