New Zealand, an American ally, has been limited in how far it can go in punishing Russia over its invasion of Ukraine because it doesn't have an independent sanctions law.
WELLINGTON, New Zealand—New Zealand's government said it plans a sanctions law targeting Russia after its response to the invasion of Ukraine fell short of its Western allies.
It will give the government the ability to freeze Russian assets in New Zealand, prevent New Zealand from becoming a haven for the wealth of Russians sanctioned by other countries, and stop the super yachts, ships or private jets of sanctioned individuals from entering the country. New Zealand, an American ally, has been limited in how far it can go in punishing Russia over its invasion of Ukraine because it doesn't have an independent sanctions law. It has in the past implemented sanctions decided upon United Nations Security Council, where Russia has a veto as a permanent member. A law specific to Russia's invasion of Ukraine papers over that gap while the government considers whether it should adopt a broader sanctions law, possibly styled after the U.S.
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