Ukraine

Ukraine synchronized the 19th package of EU sanctions against Russia within its jurisdiction

Volodymyr Zelenskyy signed new sanctions decisions, by which Ukraine synchronized the 19th package of EU sanctions against Russia in its jurisdiction. In addition, new Ukrainian sanctions were introduced against Russian companies engaged in resource extraction in the Arctic.

“We continue to synchronize the sanctions of partners in Ukrainian jurisdiction, and from today the 19th package of EU sanctions against Russia for this war enters into force in Ukraine,” – Zelenskyy stated.

According to him, this package is “strong” and is aimed, in particular, “against the export of Russian resources and schemes for supplying electronic components to Russia”. The total impact of the 19th package is estimated at at least tens of billions of euros each year.

The President also announced the introduction of new Ukrainian sanctions against Russian entities that work to extract resources in the Arctic and, thanks to this, to finance Russia’s ability to wage war. Zelensky stressed that Ukraine expects “this sanction step of ours to be continued by our partners”. In addition, the head of state instructed the NSDC of Ukraine to prepare new decisions regarding entities related to Russian propaganda, military production, and collaboration activities.

Zelensky also announced Ukraine’s response to Russian sanctions against the Prime Minister and other members of the government:

“Of course, Russian sanctions, unlike world sanctions, do not create real problems, but any Russian escalations, in particular propaganda ones, deserve an appropriate and tangible response”.

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