On 30 October 2021, the president of Ukraine enacted four decisions of the National Security and Defense Council of Ukraine (NSDC) imposing personal special economic and other restrictive measures (sanctions) (“Decisions”). The Decisions impose extensive sanctions restrictions, including, among others, asset freezes, restriction on the exit of capital from Ukraine, a ban on trade operations and the transit of resources, flights and transportation within the territory of Ukraine, and the suspension of the performance of…
On Monday, 26 July, the Ukrainian president enacted a decision of the National Security and Defense Council (NSDC), which imposed economic sanctions against six individuals and ten entities, including three non-profit organizations related to the self-proclaimed Donetsk People’s Republic. Among the companies subject to sanctions is the Russian e-tailer Wildberries, as well as its divisions in other states including Ukraine, Armenia, Belarus, Kyrgyzstan, Kazakhstan and Poland. The sanctions list also contains non-profit organizations that, although…
On 13 April 2021, a new import ban will come into effect on 24 new categories of products originating from the Russian Federation. The Cabinet of Ministers of Ukraine adopted a resolution[1] amending the list of products prohibited for import into Ukraine from the Russian Federation, which was previously approved by its Resolution No. 1147 dated 30 December 2015 “On Banning the Import of Products Originating in the Russian Federation into the Customs Territory of…
On 23 March 2021, the president of Ukraine enacted[1] the decision of the National Security and Defense Council of Ukraine (“Sanctions Decision”) imposing personal special economic and other restrictive measures (sanctions) against almost 80 Russian companies, 23 Russian individuals and three Members of the European Parliament. The sanctions are effective for a period of between three and five years and target the following persons, among others: Russian oil and gas companies, as well as companies…