The Finnish railway company VR Transpoint suspends the movement of freight cars from Russia from 12:00 on March 27. The reason is the sanctions imposed against Russian Railways, as the main carrier of the aggressor country.

Freight trains from Russia

This is reported by the railway magazine Railway Supply with reference to Railinsider.

“The continuation of freight traffic between Russia and Finland is no longer possible due to the sanctions imposed against the Russian Railways (RZD). VR Group is obliged to comply with the sanctions imposed by Western countries,” said Marti Koskinen, Senior Vice President of VR Transpoint.

The report adds that the return of wagons from Finland to Russia will continue for the time being.

Russian Railways has come under US, EU and Canadian sanctions. In addition, on March 24, Great Britain imposed sanctions against a Russian carrier of ammunition for killing Ukrainians.

Additional restrictions apply from the Estonian Railways.

In addition, there are calls from enterprises and organizations of civilized countries for a complete cessation of cooperation with the Russian Federation in the field of cargo transportation.

Earlier, Fitch Ratings downgraded Russian Railways’ long-term foreign currency ratings from B to C (default seems inevitable). The worsening ratings also hurt a number of other Russian transport companies.

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