Omari Gates
Australia is not a sanctioned country. In fact, Australia is among the countries that have imposed sanctions on other countries. For example, in 2022, Australia imposed sanctions on Russia in response to its invasion of Ukraine. These sanctions targeted Russian financial institutions, individuals involved in pro-Russia propaganda, and more. Additionally, in the past, Australia, along with the US, EU, and Canada, imposed sanctions on Zimbabwe for various reasons.
| Characteristics | Values |
|---|---|
| Is Australia a sanctioned country? | No |
| Is Australia a sanctioning country? | Yes |
| Number of sanctions announced by Australia | 462 |
| Date of announcement | 25 February 2022 |
| Additional sanctions | 10 people targeted for their role in pro-Russia propaganda |
| Date of additional sanctions | 8 March 2022 |
| Sanctioned entities | Central Bank of the Russian Federation, Russian Direct Investment Fund, Okritie Bank, Cetelem Bank, Management Company of the Russian Direct Investment Fund, RVC Management Company, and the Russian Agency for Export Credit and Investment Insurance |
| Countries sanctioned by Australia | Russia, Zimbabwe |
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What You'll Learn
Australia's sanctions against Russia
Australia is not a sanctioned country. However, Australia has imposed sanctions on Russia in response to the Russian invasion of Ukraine. Russia is currently the most-sanctioned country in the world, and Australia is among the countries leading the charge, having announced 462 sanctions since 25 February 2022.
These sanctions are in addition to those implemented in 2014-2015 following Russia's annexation of Crimea and Sevastopol. On 3 March 2022, Australia issued autonomous sanctions designating seven Russian financial institutions: the Central Bank of the Russian Federation, Russian Direct Investment Fund, Okritie Bank, Cetelem Bank, Management Company of the Russian Direct Investment Fund, RVC Management Company, and the Russian Agency for Export Credit and Investment Insurance.
The Australian Government has also imposed targeted sanctions on 60 vessels linked to Russia's shadow fleet, which is used to circumvent international sanctions and sustain its war against Ukraine. The sanctions framework imposes restrictions on the supply, sale, or transfer of certain goods to Russia, as well as restrictions on the import, purchase, or transport of certain goods from Russia.
The sanctions also apply to Australian citizens, entities incorporated in Australia, Australian-registered body corporates, and Australian-flagged vessels, both in respect of their activities in Australia and abroad. The sanctions may prevent the performance of contracts involving commercial payments to a sanctioned entity or person or an entity owned or controlled by a sanctioned entity or person.
The purpose of these sanctions is to ensure that Australian goods and services are not supporting Russia's illegal and immoral invasion of Ukraine and to place financial pressure on Russia.
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Russia's sanctions against Australia
Australia is not a sanctioned country. However, it is one of the countries that has imposed sanctions on Russia, which is the world's most sanctioned country.
On 8 March 2022, Russian President Vladimir Putin announced that Australia, along with 51 other countries that had implemented sanctions against Russia, was on an "unfriendly list". This means that any business dealings between a Russian company and a company or individual from an "unfriendly" country must be approved by a Russian government commission, and the Russian company can pay in rubles. This rule applies to deals worth more than 10 million rubles a month, and the continuous devaluation of the ruble means that more Russian companies and individuals are subject to the "unfriendly" approval regime every day.
Due to the minimal trade relationship between the two countries, these sanctions are unlikely to directly affect most Australians and Australian entities. However, some Australian financial institutions have restricted their dealings with Russian financial institutions in response to Australian and other countries' sanctions laws, and their own commercial considerations.
On 25 February 2022, Australia announced 462 sanctions, adding to those implemented in 2014-2015 following Russia's annexation of Crimea and Sevastopol. On 3 March 2022, Australia issued autonomous sanctions designating seven Russian financial institutions: the Central Bank of the Russian Federation, Russian Direct Investment Fund, Okritie Bank, Cetelem Bank, Management Company of the Russian Direct Investment Fund, RVC Management Company, and the Russian Agency for Export Credit and Insurance.
On 8 March 2022, the Australian Government announced sanctions against 10 people targeted for their role in pro-Russia propaganda legitimizing Russia's invasion of Ukraine. These sanctions targeted individuals such as Vladimir Solovyov, the presenter of the Russia-1 Channel, and Dmitry Peskov, Press Secretary for Russian President Vladimir Putin.
The Australian sanctions regime targets a range of Russian and Belarusian individuals and entities, as well as certain economic sectors and industries. It also includes restrictions on exporting certain goods to Russia and specified regions of Ukraine (Crimea, Sevastopol, Luhansk, and Donetsk) and sanctioned services relating to a sanctioned supply or associated activities. Under Australian sanctions law, it is prohibited to supply, sell, or transfer certain goods ("export-sanctioned goods") to another person, with the direct or indirect result that the goods are transferred to, for the benefit of, or used in Russia or specified regions of Ukraine.
On 19 May 2023, the Australian Government announced plans to impose a ban on the export of all machinery and related parts to Russia and areas of Ukraine temporarily under Russian control.
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Australia's sanctions against Zimbabwe
Australia is not a sanctioned country; however, it has imposed sanctions on several countries, including Zimbabwe.
In 2002, the Australian government imposed autonomous sanctions on Zimbabwe in response to concerns about political violence and human rights violations in the country. These sanctions have been adjusted over time to reflect the progress made in Zimbabwe.
The sanctions framework includes an arms embargo, restricting the supply, sale, or transfer of arms and related matériel to Zimbabwe. Additionally, certain individuals associated with the Zimbabwean government are subject to travel restrictions, prohibiting them from entering or transiting through Australia. All non-humanitarian aid to Zimbabwe has been suspended, and defence links have been prohibited.
The sanctions also have economic implications, with Australian exporters required to ensure they do not indirectly supply, sell, or transfer export-sanctioned goods to Zimbabwe. This includes restrictions on the provision of certain services, technical advice, assistance, or training that could benefit sanctioned entities in Zimbabwe.
Any assets belonging to designated individuals or entities under the Zimbabwe sanctions framework must be frozen, and the Australian Federal Police (AFP) must be notified immediately.
The Australian government continues to monitor the situation in Zimbabwe and adjust the sanctions accordingly. These sanctions reflect Australia's commitment to upholding human rights and promoting stability in the region.
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Australia's sanctions regime
Australia is not a sanctioned country. Instead, Australia has implemented sanctions against other countries and their citizens. The Australian Sanctions Office (ASO) is the Australian Government's regulator for sanctions. The ASO was established on 1 January 2020 within the Department of Foreign Affairs and Trade (DFAT). The ASO provides guidance to regulated entities on sanctions, processes applications for sanctions permits, and collaborates with other agencies to monitor and enforce compliance with Australian sanctions laws.
There are two types of sanctions regimes in Australia: United Nations Security Council (UNSC) sanctions, which Australia must impose as a member of the UN, and Australian autonomous sanctions, which are imposed as a matter of Australian foreign policy. Australian autonomous sanctions regimes are primarily implemented under the Autonomous Sanctions Act 2011 (Cth) and the corresponding Autonomous Sanctions Regulations 2011 (Cth). Each sanctions regime imposes sanction measures depending on the individual circumstances and objectives of the regime. Sanctions measures can include targeted financial sanctions on persons and entities under Australian sanctions law. In some circumstances, it may be possible to obtain a sanctions permit to allow an activity related to a person or entity on the Consolidated List that would otherwise be prohibited by an Australian sanctions law.
The sanctions regimes currently implemented under Australian sanctions laws include the Central African Republic and Democratic Republic of the Congo sanctions regimes, and the Counter-Terrorism (UNSCR 1373) sanctions regime.
Since 25 February 2022, Australia has been among the countries leading the charge in sanctioning Russia, which is now the most sanctioned country in the world. Australia has announced 462 sanctions against Russia, including sanctions against seven Russian financial institutions and 10 individuals targeted for their roles in pro-Russia propaganda. These sanctions are additional to the sanctions implemented in 2014-2015 following Russia's annexation of Crimea and Sevastopol.
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Australia's compliance with sanctions
Australia is not a sanctioned country. However, it has imposed sanctions on other countries, notably Russia, and is also subject to international sanctions regimes, such as those imposed on Russia by the US, UK, EU, and Switzerland, with which it complies.
Australia has a sanctions regulator, the Australian Sanctions Office (ASO), which sits within the Department of Foreign Affairs and Trade (DFAT). The ASO works with other federal government agencies, such as the Department of Defence, the Department of Home Affairs, the Australian Border Force, the Australian Federal Police, and AUSTRAC, to promote compliance with Australian sanctions laws and respond to possible breaches. The ASO also provides guidance to regulated entities on sanctions, processes applications for sanctions permits, and collaborates with other agencies to monitor compliance with Australian sanctions laws.
ASO releases guidance notes on sanctions compliance for various sectors, including universities, government agencies and employees, and importers of certain goods. These guidance notes outline the restrictions on exporting certain goods to sanctioned countries and the responsibilities of individuals and businesses to take reasonable precautions and exercise due diligence to ensure adherence to export prohibitions.
Sanctions offences are strict liability offences for bodies corporate in Australia, meaning that it is not necessary to prove any fault element, such as intent or knowledge. Therefore, exporters should be mindful that even if goods are transferred to a sanctioned country during transit to a non-sanctioned country, they may still be liable.
In addition, Australian sanction laws implement United Nations Security Council (UNSC) sanctions regimes and Australian autonomous sanctions regimes. For example, Australia has imposed sanctions on Russia since its annexation of Crimea and Sevastopol in 2014-2015, with additional sanctions announced on 25 February 2022, targeting seven Russian financial institutions. On 8 March 2022, the Australian Government announced sanctions against 10 individuals targeted for their role in pro-Russia propaganda, including Vladimir Solovyov and Dmitry Peskov, Press Secretary for Russian President Vladimir Putin.
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Frequently asked questions
No, Australia is not a sanctioned country. However, it has sanctioned other countries, notably Russia, and Zimbabwe.
Australia sanctioned Russia in response to its invasion of Ukraine. These sanctions were intended to place financial pressure on Russia and prevent Australian goods from supporting the war effort.
The sanctions have had a significant impact on Russia's economy. The Russian stock market has not opened since 25 February 2022, and the Ruble continues to devalue. On 8 March 2022, ratings agency Fitch downgraded Russia's sovereign rating to 'C', indicating an imminent sovereign default.
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