On March 20, Australia had exacted an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia. The government said that the sanctions are a part of its ongoing sanctions against Moscow for its invasion of Ukraine. “Russia relies on Australia for nearly 20 percent of its alumina needs,” the Australian government said in a joint statement from several ministries. “The Government will work closely with exporters and peak bodies that will be affected by the ban to find new and expand existing markets,” the statement said.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

PM Kakar removes Tahir Javed as SAPM

Caretaker Prime Minister Anwarul Haq Kakar has removed Special Assistant to PM.…

$6bn frozen funds not transferred to Iran yet, says Qatar

A spokesperson of Qatar foreign ministry said on Tuesday said that $6…

Israel battles Hamas on streets of Gaza city

Residents of Khan Younis reported intensifying gun battles between Hamas fighters and…

Noted industrialist S M Muneer passes away

Karachi: Renowned business tycoon and Korangi Association of Trade and Industry (KATI)…