Singapore spells out the details of its arbitrary sanctions against Russia and the Russian people as follows:
Earlier, Foreign Affairs Minister Vivian Balakrishnan said Singapore will impose sanctions on Russia “in concert with other like-minded countries (meaning arm-twisted by USA and EU)”, and cited the “unprecedented gravity” of the Russian invasion.
“While we continue to value good relations with Russia and the Russian people, we cannot accept the Russian government’s violation of the sovereignty and territorial integrity of another sovereign state,” said the ministry. (This is double-talk with fork tongue just like the Whitemen)
“For a small state like Singapore, this is not a theoretical principle, but a dangerous precedent. This is why Singapore has strongly condemned Russia’s unprovoked (Russia has been provoked and threatened for past 7 long years, you see the tree and miss the wood) attack on Ukraine.”
The restrictions are aimed at constraining Russia’s capacity to conduct war against Ukraine and undermine its sovereignty.
It detailed the sanctions and measures Singapore will take in response to the Ukraine invasion.
EXPORT SANCTIONS
The Singapore Strategic Goods Control System regulates the transfer - export, transit, and transhipment - of strategic goods which are generally military weapons or their parts as well as high technology goods that could be used for both commercial and military purposes.
Items subject to strategic goods control are listed in the Strategic Goods (Control) Order (SGCO) 2021.
In order to “constrain Russia’s capacity to conduct war in Ukraine and cyber aggression”, all permit operations to Russia involving all items on the list of military goods under the SGCO will be rejected.
All category codes under Category 3 (Electronics), Category 4 (Computers) and Category 5 (Telecommunications) and Information Security on the List of Dual-Use Goods under the SGCO will also be rejected.
FINANCIAL CONTROLS
Singapore will impose financial measures targeted at Russian banks, entities and activities in Russia, as well as fundraising activities for the Russian government.
Digital payment token service providers are specifically prohibited from facilitating transactions that could help to circumvent these financial measures.
Financial institutions in Singapore will be prohibited from entering into transactions or establishing business relationships with four Russian banks: VTB Bank Public Joint Stock Company, The Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank, Promsvyazbank Public Joint Stock Company and Bank Rossiya.
Where there are existing business relationships, financial institutions must freeze any assets and funds of these four banks.
Financial institutions in Singapore will also be barred from providing financing or financial services relating to the export from Singapore or any other jurisdiction of goods subject to Singapore’s export controls on Russia.
These goods comprise all items on the Military Goods List and specified categories in the Dual-Use Goods List in the SGCO.
Financial services in relation to designated Russian non-bank entities that are involved in such activities will also be prohibited by Singapore.
Where there are existing business relationships, financial institutions must freeze any assets and funds of these designated entities. Details on the designation of non-bank entities will be provided subsequently.
Financial institutions in Singapore cannot enter into transactions, arrangements or provide financial services that facilitate fundraising by: The Russian government; the Central Bank of the Russian Federation; any entity owned or controlled by them or acting on their direction or behalf.Singapore spells out the details of its arbitrary sanctions against Russia and the Russian people as follows:
Earlier, Foreign Affairs Minister Vivian Balakrishnan said Singapore will impose sanctions on Russia “in concert with other like-minded countries (meaning arm-twisted by USA and EU)”, and cited the “unprecedented gravity” of the Russian invasion.
“While we continue to value good relations with Russia and the Russian people, we cannot accept the Russian government’s violation of the sovereignty and territorial integrity of another sovereign state,” said the ministry. (This is double-talk with fork tongue just like the Whitemen)
“For a small state like Singapore, this is not a theoretical principle, but a dangerous precedent. This is why Singapore has strongly condemned Russia’s unprovoked (Russia has been provoked and threatened for past 7 long years, you see the tree and miss the wood) attack on Ukraine.”
The restrictions are aimed at constraining Russia’s capacity to conduct war against Ukraine and undermine its sovereignty.
It detailed the sanctions and measures Singapore will take in response to the Ukraine invasion.
EXPORT SANCTIONS
The Singapore Strategic Goods Control System regulates the transfer - export, transit, and transhipment - of strategic goods which are generally military weapons or their parts as well as high technology goods that could be used for both commercial and military purposes.
Items subject to strategic goods control are listed in the Strategic Goods (Control) Order (SGCO) 2021.
In order to “constrain Russia’s capacity to conduct war in Ukraine and cyber aggression”, all permit operations to Russia involving all items on the list of military goods under the SGCO will be rejected.
All category codes under Category 3 (Electronics), Category 4 (Computers) and Category 5 (Telecommunications) and Information Security on the List of Dual-Use Goods under the SGCO will also be rejected.
FINANCIAL CONTROLS
Singapore will impose financial measures targeted at Russian banks, entities and activities in Russia, as well as fundraising activities for the Russian government.
Digital payment token service providers are specifically prohibited from facilitating transactions that could help to circumvent these financial measures.
Financial institutions in Singapore will be prohibited from entering into transactions or establishing business relationships with four Russian banks: VTB Bank Public Joint Stock Company, The Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank, Promsvyazbank Public Joint Stock Company and Bank Rossiya.
Where there are existing business relationships, financial institutions must freeze any assets and funds of these four banks.
Financial institutions in Singapore will also be barred from providing financing or financial services relating to the export from Singapore or any other jurisdiction of goods subject to Singapore’s export controls on Russia.
These goods comprise all items on the Military Goods List and specified categories in the Dual-Use Goods List in the SGCO.
Financial services in relation to designated Russian non-bank entities that are involved in such activities will also be prohibited by Singapore.
Where there are existing business relationships, financial institutions must freeze any assets and funds of these designated entities. Details on the designation of non-bank entities will be provided subsequently.
Financial institutions in Singapore cannot enter into transactions, arrangements or provide financial services that facilitate fundraising by: The Russian government; the Central Bank of the Russian Federation; any entity owned or controlled by them or acting on their direction or behalf.
The prohibitions apply to buying and selling new securities, providing financial services that facilitate new fundraising, and making or participating in the making of any new loan to the entities owned or controlled by the Russian government and the Central Bank of the Russian Federation.
The Singapore Government and Monetary Authority of Singapore will also cease investing in newly issued securities of the above entities.
The ministry added that financial institutions in Singapore will be prohibited from entering into transactions or providing financial services in the breakaway regions of Donetsk and Luhansk, in the sectors of: Transport; telecommunications; energy; and prospecting, exploration and production of oil, gas and mineral resources.
They also cannot enter into or facilitate any transactions involving cryptocurrencies, to circumvent any of the prohibitions.
The prohibited cryptocurrency transactions cover all transactions that involve cryptocurrencies and extend to the payment and settlement of transactions that relate to digital assets, such as non-fungible tokens (NFTs), said MFA.
These measures apply to all financial institutions in Singapore, including banks, finance companies, insurers, capital markets intermediaries, securities exchanges and payment service providers.
The Monetary Authority of Singapore will issue directions to all financial institutions, setting out the details of the measures.
Singapore is a consistent and staunch supporter of international law and the principles enshrined in the UN Charter. Not true. What about the invasion of Iraq, Afghanistan, Syria, Egypt, Yemen by USA and EU? They are also independent states. Hypocrisy of the highest order.Anonymous
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3/06/2022
Singapore Has Made Russia Its Number One Enemy
3/05/2022
Avatar Collection: NFT - Portraits of Women
These are 6 of 27 portraits in my Portraits of Women Collection available in NFT. Framing them up and lined in a corridor would make an impressive sight. All the portraits are the back views of women donning some headdresses.
The portraits were done using the Art of RAR technique ie created from pictures taken of light reflecting and refracting from water. They are the creation of Mother Nature.
The full collection can be viewed at https://opensea.io/collection/rarart-portraits-of-women or click at the top right picture of the blue woman portrait on this blog.
Ukraine - 21 minutes of truth by George Galloway
https://www.youtube.com/watch?v=Xe7q2UhzrRQ
The war that needed not happen. The solution, Russia's security condition, is very simple. Ukraine just declared itself as a neutral country, not becoming a member of the military organisation set up to oppose Russia, called NATO. This is all Russia is asking for. Is it that demanding, that difficult?
But no, the Americans would not allow it. The Americans are pouring, oil, diesel, kerosene, whatever available to make sure Ukraine burns and burns, to destroy Russia. The agenda of the Americans is to start this war to destroy Russia, and destroying Ukraine is just a collateral. Stupid Ukrainians have fallen into this evil scheme to kill and destroy them.
The robbing of Russian Oligarchs and their assets in the West is the most hypocritical thing to do. The Oligarchs are Putin's enemies, running away from Putin. Now the order is to rob them of their wealth on the excuse that they are Russians. What hypocrisy can be worse? It is just daylight robbery, plain and simple.
PS. This is a very powerful plea by George to the good conscience of good men and women to bring down the hypocrisy of white supremacy in Europe and around the world. Africans and Muslims and Arabs and coloured people must see the last 5 minutes of George's speech on the abuses of the white men against coloured people, especially the Africans and Muslims in Gaza strip in Palestine.
Ukraine set up to be wrecked - John Meissheinmer. Taiwan is in an exact situation as Ukraine
Listen to what Professor John Mearsheimer said about how the Americans set up Ukraine to be wrecked by Russia. ( From 3 minutes onwards) And this setup was a piece of cake given a boy President in Zelensky, wet behind the ears and swallowed hook, line and sinkers what the Americans sweet talk him into it, to be tough against the Russians thinking that the Americans would back him up should Putin invade Ukraine.
What ever happened to Ukraine and Zelensky is being played out in exactly the same way to the dot, in Taiwan and Tsai Ing Wen. Taiwan is being set up like Ukraine, to be wrecked when Xi decided that she had gone too far and there is no other way out.
Taiwanese better listen to what Mearsheimer said carefully, word for word, before it is too late down the road of no return. The ending can be very painful, and may even cost a lot of unnecessary death to the people in Taiwan. Taiwan is being coaxed, encouraged, misled into being tough with China and believing that the Americans would come to their aid when China attacked. The Americans would not come to you aid just like they would not come to Ukraine's aid.
Believing in the devil would not have a good ending. Zelensky is a living testimony of this blind belief.
Both Chinese, Indian Netizens Decried Double Standards, Hypocrisy of US and West
Twitter
has witnessed thousands of posts with hashtags like #StandWithRussia
and #StandWithPutin in recent days from Indian netizens after some media
cited US officials as saying that the US is considering sanctions on
India, over the purchase of a missile defense system from Russia, after
India abstained from a vote at UN General Assembly condemning Russia
over Ukraine conflict, China's Global Times reported.
The
discussions started by Indian netizens have seen even more netizens from
around the world join in to criticize the US and Western countries'
hypocrisy for their full support of Ukraine while keeping silent to the
deaths caused by themselves and NATO around the world.
Many
pointed out the hypocrisy and double standards of the US and Western
countries for criticizing Russia despite their blatant invasions of
countries in the Middle East. America bombed Afghanistan for 20 years
and even bombed civilians before leaving but no one questioned the US
over committing genocide.
Some praised Russia President Vladimir
Putin for fighting for his country and fighting for the destruction of
the monopoly of US and Western countries.
Indian netizens'
actions have also attracted the attention of Chinese netizens with
related topics and hashtags a hit on China's social media platform Sina
Weibo since Thursday. Given the ongoing China-India border standoff, it
is so rare to see that both Chinese and Indian netizens stand in the
same trenches to lash out at the double standards and hypocrisy of the
US and Western countries.
The discussions have expanded to how
the current situation between Russia and Ukraine has unveiled the West
and US' monopoly and their racism.
More netizens from around the
world, especially from countries that have suffered wars led by the West
and US, are expressing their disappointment and opposition against the
double standards of the West.
One posted pictures of a bombed
building and an overview of streets in Kiev, saying that the first
picture was Syria after US attacks, and the second was Ukraine. "You
tell us you worry about the latter but not the former? Shameless!"
Another
commented that "If you support Ukraine, but not Palestine, Syria,
Libya, Lebanon and Iraq; If you condemn Russia, but not Israel, US and
NATO, then congrats mate, you're on the highest tier of hypocrisy."
Anonymous