Today, on 25 January 2022, a new set of personal special economic and other restrictive measures (sanctions) became effective (“Decisions”)[1]. The Decisions impose extensive sanctions restrictions, including asset freezes, restriction on the exit of capital from Ukraine, suspension of the performance of economic and financial obligations, a ban on trade operations, prohibition of participation in privatization and leasing of state property, cancellation of visas and licenses, entry bans, etc., upon the following legal entities and…
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…