Section: Sanctions
EU top court upholds sanctions against Russia`s Rosneft
Europe`s top court on Tuesday upheld European Union sanctions on Russia over the Ukraine conflict, including on its largest oil group Rosneft, in a ruling that asserts the court`s jurisdiction over the bloc`s foreign policy, according to Reuters. The European Court of Justice (ECJ) said ”restrictive measures … in response to the crisis in...
US Lawmakers Remain Firm on Russia Sanctions
US sanctions on Russia, imposed in response to the annexation of Crimea in 2014, must not only be maintained, “they should be tightened,” according to Rep. Steve Chabot (R-OH). As recently as March 20, Russia has performed military drills practicing “offensive and defensive operations,” in Crimea, Chabot said, adding: “The fact that Russia has...
U.S. imposes sanctions against eight Russian companies
The U.S. government has imposed sanctions on eight other Russian companies accusing them of violating U.S. non-proliferation law regarding Iran, North Korea and Syria since 2009, according to U.S. official. The following companies were included in the black list: Rosoboronexport, 150th Aircraft Repair Plant, Aviaexport foreign economic trade...
National Bank of Ukraine enforces sanctions against Russian banks` subsidiaries
According to the decision of the National Security and Defense Council, the National Bank of Ukraine on March 23 imposes sanctions on subsidiaries of Russian state-owned banks, according to the NBU press service. ”The Board of the National Bank of Ukraine on March 21 approved Decree No. 25, aimed at ensuring the implementation of sanctions...
Arms for Ukraine, sanctions against Russia may help U.S. block Putin in Ukraine – 6 policies to U.S. President Donald Trump
Arming Ukraine and imposing tougher sanctions on Russia are among the six policies offered by former U.S. Deputy Assistant Secretary of the U.S. Department of Defense for Russia, Ukraine and Eurasia Michael Carpenter to U.S. President Donald Trump for blocking Russian President Vladimir Putin in Ukraine, according to the U.S. Foreign Policy...
In the third year of war President Poroshenko greenlights sanctions against Russian banks
Ukrainian President Petro Poroshenko has given a go-ahead to imposing sanctions against Russian banks, according to TSN news service. The president approved sanctions by adopting the decision of the National Security and Defense Council of March 15, 2017 ”On the application of personal special economic and other restrictive measures (sanctions)”...
Kremlin rules out another referendum in occupied Crimea for lifting sanctions
The Kremlin ruled out the possibility of holding another referendum in the occupied Crimea, so that the U.S. could cancel anti-Russian sanctions, Vladimir Putin`s spokesman Dmitry Peskov said, according to an UaPosition correspondent in the Russian Federation. Asked, whether the Kremlin was ready for any deal with the U.S. on Crimea and, in...
EU prolongs sanctions over Crimea crisis for another 6 months
On March 13, 2017, the EU Council prolonged the restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for a further six months, until September 15, 2017. The measures consist of asset freezes and travel bans, the European Council said in a press release. The assessment of...
EU to extend anti-Russian sanctions over Ukraine next week – journalist
The European Union will extend sanctions next week due to Russia`s threat to the territorial integrity of Ukraine, according to RFE/RL correspondent in Brussels Rikard Jozwiak. ”EU will next week extend sanctions on 150 people and 37 entities from Ukraine and Russia who have threatened the territorial integrity of Ukraine,” Jozwiak wrote on...
National Bank of Ukraine to initiate sanctions against Sberbank subsidiary in Ukraine for servicing holders of separatist ”passports” of ”DPR-LPR”
The National Bank of Ukraine has told UNIAN that, if Sberbank of Russia accepts ”passports” of the unrecognized ”DPR” and ”LPR”, the issue of introducing sanctions against the bank`s subsidiary in Ukraine will be submitted to the National Security and Defense Council. ”If this information is confirmed, the NBU will initiate a request to the NSDC...