The matter of sanctions was discussed extensively by the Government today and we are in consultations with all our partners and stakeholders both domestic and international. This remains an evolving matter.

In the meantime, we are advising all entities within The Bahamas that they ought to deal with appropriate caution in respect of any transactions in our country with Russian individuals and entities who have been sanctioned by the United States, EU, Canada and the United Kingdom.

We continue to deplore the attack on Ukraine by the Russian Federation.