Moscow [Russia], March 7 (ANI): Russian government approved a list of countries and territories that are 'unfriendly' with Russia and has imposed sanctions against the country after the start of a special military operation of the Russian Armed Forces in Ukraine.

The list includes the United States and Canada, the EU states, the UK (including Jersey, Anguilla, the British Virgin Islands, Gibraltar), Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, North Macedonia, and also Japan, South Korea, Australia, Micronesia, New Zealand, Singapore, and Taiwan, reported TASS News Agency.

Also Read | 'China, India Have Encountered Some Setbacks in Bilateral Ties', Says Foreign Minister Wang Yi.

The government noted that according to this decree, Russian citizens and companies, the state itself, its regions and municipalities that have foreign exchange obligations to foreign creditors from the list of unfriendly countries will be able to pay them in rubles.

The new temporary procedure applies to payments exceeding 10 million rubles per month (or a similar amount in foreign currency). (ANI)

Also Read | Crude Oil Price Soars Past $130 A Barrel, Highest Since July 2008 Amid Russia-Ukraine Crisis.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)