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Singapore will impose a ban on the operations of Russian banks

Singapore Foreign Minister Vivian Balakrishnan said that the country will impose a ban on the financial transactions of some Russian banks due to the conflict in Ukraine. It is reported by TASS.

According to him, Singapore intends to block some Russian banks and financial transactions related to Russia.

Earlier, Prime Minister Fumio Kishida commented on the order of Russian President Vladimir Putin on the transfer of the Russian deterrence forces to a special mode of combat duty. He called these actions dangerous. According to him, the Japanese government will soon consider sanctions measures, having studied the further development of the situation, and will proceed to actions related to freezing the assets of representatives of the Russian authorities.

On February 24, Russian President Vladimir Putin announced that he had decided to conduct a military special operation to protect the Donbass in response to a request for help from the heads of the LPR and DPR.

Ukraine severed diplomatic relations with Russia. Ukrainian President Volodymyr Zelensky has submitted a bill on general mobilization to the Verkhovna Rada.

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Singapore will impose a ban on the operations of Russian banks