WASHINGTON – Ford on Tuesday suspended its operations in Russia in response to the invasion of Ukraine and announced that it will donate $100,000 dollars to a humanitarian aid fund to assist those displaced by the armed conflict.
The car manufacturer announced its decision in a statement in which it indicated that “it is deeply concerned about the invasion of Ukraine and the threats to peace and stability”, for which it has decided to “reassess” its operations.
Although in In recent years Ford has reduced its size in Russia, currently the American company produced and sold commercial vans in this country through the Sollers Ford joint venture.
Ford said that, despite the fact that its operations in Ukraine are very small, many Ukrainians work for Ford and the company “will continue to support them during this period”.
Since five days ago Russia invaded Ukraine, the United States The United States, Canada and the European Union (EU) have imposed successive economic sanctions on Moscow.
Over the weekend, the G7 countries and the EU decided to exclude Russia from the SWIFT bank payment system to limit Moscow’s ability to finance the invasion of Ukraine.
In addition, the Western allies have imposed other types of sanctions such as the closure of their airspaces to Russian airlines and planes and measures against fortune Staff of Russian President Vladimir Putin.