South Korea suspends all transactions with the Russian Central Bank

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MADRID, March 7. (Royals Blue) –

South Korea on Monday suspended all transactions with the Russian Central Bank joining the global movement to impose additional sanctions against Moscow in response to the Russian military operation in Ukraine.

As reported by the South Korean news agency Yonhap News, the South Korean government will announce the details after consulting with related government agencies.

On March 1, the South Korean authorities announced sanctions against seven Russian banks and their subsidiaries in an attempt to join the measures imposed by the international community against Moscow.

Seoul thus aspires to impose measures similar to those announced by other countries such as the United States and the European Union.