Russia imposed economic sanctions against 322 Ukrainian citizens and 68 companies. The Kremlin hopes that the sanctions will help normalise Ukraine’s relations with Russia.
The decree to impose sanctions against Ukrainian natural persons and legal entities was signed by Russian Prime Minister Dmitry Medvedev to counteract unfriendly actions against Russian citizens and organisations.
Russia will thus freeze bank accounts, securities and property in Russia for individuals and legal entities of Ukraine. In addition, it will not be allowed to withdraw capital outside Russia.
The sanctions apply to judges of the Constitutional Court of Ukraine, deputies of the Verkhovna Rada of Ukraine of the 8th convocation, major Ukrainian entrepreneurs, officials of the presidential administration of Ukraine, heads of executive bodies and large Ukrainian companies, legal entities controlled by Ukraine’s largest businessmen.
Russia’s sanctions will in particular affect Ukrainian MP Anton Gerashchenko, the leader of the Batkivshchyna party Yulia Tymoshenko, former head of the Majlis of the Crimean Tatars Mustafa Dzhemilev, chief military prosecutor of Ukraine Anatoly Matios and the son of Ukrainian President, businessman Alexei Poroshenko. The sanctions will also be imposed on chemical company Ukrhimenergo, located in the Luhansk region.