Section: Sanctions
USA imposed sanctions on the Chairman of the District Administrative Court of Kyiv
The US State Department announced on December 9, 2022, the introduction of sanctions against the Chairman of the District Administrative Court of Kyiv Pavlo Vovk and two members of his family. Source: US Department of State, Pavlo Vovk, the Chairman of the District Administrative Court of Kyiv “Pursuant to Section 7031(c), the Department of...
Australia sanctioned Iran and Russia for violation of human rights and war in Ukraine
The press service of the Minister of Foreign Affairs of Australia Penny Wong noted on December 10, 2022, that the Australian government introduced sanctions under the “Magnitsky Act” against 13 individuals and two legal entities from Russia and Iran in response to the violation of human rights and the invasion of Ukraine. Source: The...
EU introduced the 9th package of sanctions against Russia: details
The President of the European Commission Ursula von der Leyen noted on December 7, 2022, that the European Union implemented the 9th package of sanctions against Russia, as it “continues to bring death and devastation to Ukraine”. Source: The President of the European Commission Ursula von der Leyen “This list covers key figures...
EU oil sanctions against Russia entered into force
EU oil sanctions against Russia came into effect today on December 5, 2022. Source: The European Council “The Council decided today to set an oil price cap for crude oil and petroleum oils and oils obtained from bituminous minerals (CN code 2709 00) which originate in or are exported from Russia, at USD 60 per barrel. The level of the cap...
Ukraine is working with the USA on new sanctions against Russia
Ambassador of Ukraine to the USA Oksana Markarova noted on December 3, 2022, that the Ukrainian state interacted directly with the United States of America, as well as other countries, in order to impose new effective sanctions against Russia following its missile attacks on Ukrainian cities. Source: Ambassador of Ukraine to the USA Oksana...
European Union and the G7 countries agreed to introduce the price cap for Russian oil
The President of the European Commission, Ursula von der Leyen, announced on Twitter on December 2, 2022, the purpose of the restriction on sea imports of Russian crude oil, which the EU countries and its G7 partners will apply from December 5 of this year. Source: The President of the European Commission Ursula von der Leyen “The EU...
Switzerland has frozen 7 billion euros worth of Russian assets
The Ministry of Economy of Switzerland noted on December 1, 2022, that it updated information on frozen Russian assets. The total amount of assets frozen in Switzerland due to Russia’s aggression against Ukraine reached 7.5 billion Swiss francs (7.2 billion euros). Source: The Ministry of Economy of Switzerland “As of 25 November, CHF...
Great Britain and Ukraine will continue cooperation on sanctions against Russia
The First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yulia Svyrydenko noted on November 30, 2022, that she met in London with Baroness Joanna Penn, Parliamentary Secretary to HM Treasury, the leadership of the Office of Financial Sanctions Implementation, and representatives of the authorities responsible for sanctions...
European Council added the circumvention of sanctions against Russia to the list of crimes
The European Union took the next step after recognizing the Russian Federation as a state sponsor of terrorism – from now, ignoring the sanctions against Russia is included in the list of EU crimes. This decision was adopted by the European Union Council on November 28, 2022. Source: Pavel Blažek, Czech Minister of Justice “The...
European Parliament condemned the involvement of Belarus in the war against Ukraine
The European Parliament condemned the involvement of Belarus in the war against Ukraine on November 24, 2022, and called for the introduction of the same sanctions which were imposed against Russia. Source: The European Parliament “Belarus should be recognized as an occupied territory from which Russian troops should immediately withdraw....