Global Trade Alert
Global Trade Alert

Australia: New South Wales treasurer directs TCorp to divest Russian holdings to show support for Ukraine

Announcement

31 Mar 2022

The treasurer of the state of New South Wales has directed the NSW Treasury Corporation to divest its Russian investments.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2022

Revocation date:

No revocation date

Updated: 31 Mar 2022
Controls on commercial transactions and investment instruments In force
According to the Budget 2022-23 document of the state of New South Wales, in March 2022 the NSW Treasurer directed New South Wales Treasury Corporation (TCorp) to stop the further purchase of Russian ...
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