New Zealand Foreign Affairs & Trade
The New Zealand Foreign Affairs & Trade (MFAT) is responsible for managing the country’s foreign relations and international trade. MFAT develops policies that ensure New Zealand complies with international sanctions. They publish lists of sanctioned individuals and entities to support global security and uphold national interests.
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1 List
List Name | Records |
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New Zealand - Russia Sanctions Act 2022The New Zealand - Russia Sanctions Act 2022 is a piece of legislation designed to impose sanctions on individuals and entities connected to Russia's actions that threaten New Zealand's national interests. This Act allows the government to restrict trade, freeze assets, and impose travel bans. It aims to support international efforts in promoting peace and security in response to geopolitical tensions. | 1,794 |
FAQs
Why is compliance with the New Zealand Foreign Affairs & Trade necessary?
compliance with sanctions set by new zealand's ministry of foreign affairs and trade is essential for maintaining national security and upholding international law. adhering to these sanctions helps prevent the funding of terrorism, the proliferation of weapons of mass destruction, and other activities that threaten global stability. additionally, compliance protects businesses and individuals from legal repercussions and potential penalties, ensuring that new zealand remains a responsible member of the international community committed to promoting peace and security.
Which companies should comply with New Zealand Foreign Affairs & Trade?
Companies in industries such as trade, finance, and tourism must comply with sanctions issued by the New Zealand Ministry of Foreign Affairs and Trade. Compliance is crucial to avoid legal repercussions and maintain international relations. Businesses engaged in exporting goods, providing financial services, or seeking partnerships abroad must ensure adherence to these sanctions to uphold their reputation and operational integrity.
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