Ukraine

Ukraine has imposed sanctions against companies cooperating with the Russian military-industrial complex

Ukraine introduced sanctions against 90 companies that cooperate with Russia’s military-industrial complex. About this reported President of Ukraine Volodymyr Zelenskyi.

“The first is the synchronization of European sanctions in Ukrainian jurisdiction. Currently, all 18 sanctions packages are fully synchronized and are in effect in Ukraine. Now, from the 18th package of sanctions, restrictions are applied, in particular, to structures that are connected to the Russian shadow tanker fleet. It also concerns 53 individuals and legal entities – Russian, Chinese, Iranian, and from other countries.” – says the message.

The president announced Ukraine’s introduction of its own sanctions against companies working for the Russian military-industrial complex.

“Today’s second sanctions decision is our sanctions against Russian military manufacturing. Restrictions have been applied against more than 90 companies that mine rare earths and rare metals that are key to the production of electronics, guidance systems, engines and drones.”, he said.

According to the head of state, Ukraine is working to ensure that national sanctions are coordinated with the corresponding restrictions in partner jurisdictions.

“Maximum sanctions pressure is the most effective argument for Russia to end the war. They feel the consequences of sanctions, and this is not only at the level of the Russian federal budget, but also in the life of Russian regions, in the branches of their economy. Russia’s decision to start and then to prolong this war is a decision to kill their economic potential. Our joint actions with our partners really ensure this. Thank you to everyone who helps.” — concluded Zelensky.

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