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…
On 19 February 2021, Ukraine imposed[1] personal sanctions against a number of companies and individuals doing business in the Crimea and on the occupied territories of Donetsk and Luhansk regions (“Temporary Occupied Territories”) and suspected of terrorism financing, as well as on certain Russian-owned businesses. The sanctions were imposed against: Trading House Donskiye Ugli LLC, which allegedly sold coal produced on the Temporary Occupied Territories to the Russian FederationNovoshakhtinsky Refinery Plant JSC for allegedly selling…
In response to opening the consulate of the Republic of Nicaragua in the temporarily occupied Crimea, on 2 February 2021 the Parliament of Ukraine for the first time in its history approved sectoral sanctions against the Republic of Nicaragua (“Sectoral Sanctions”). The Sectoral Sanctions are effective for a period of five years and include, in particular, the following restrictions: prohibition of export to and import from Nicaragua of coffee, tea, mate tea, spices, fruits, nuts, tobacco and…
Between 28 January and 2 February 2021, the president of Ukraine enacted three decisions of the National Security and Defense Council of Ukraine: Presidential Decree No. 29/2021 dated 28 January 2021 “On the Decision of the National Security and Defense Council of Ukraine dated 28 January 2021 “On Amending the Decision of the National Security and Defense Council of Ukraine dated 14 December 2020 enacted by Presidential Decree No. 564-27т dated 14 December 2020,”” effective from…