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Ukrainian imposed Sanctions

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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…

On 4 February 2020, a  decision [1] of the Cabinet of Ministers of Ukraine was officially published revoking all special economic sanctions imposed by the Ministry of the Development of Economy, Trade and Agriculture of Ukraine (MEDT) prior to 7 February 2019. According to the press release from the Minister of the MEDT (Tymofiy Mylovanov), the sanctions were lifted with respect to about 27,000 companies (both foreign and Ukrainian). The decision enters into effect on…