Zelensky signs new package of sanctions against Russia: what it includes
6 November 14:21
Ukrainian President Volodymyr Zelenskyy has signed a new package of sanctions against Russia. Among the key industries targeted by the new economic restrictions are energy and electronics.
This is reported by "Komersant Ukrainian" with reference to the President’s Telegram.
“We continue to synchronize the sanctions of our partners in the Ukrainian jurisdiction, and from today the 19th package of EU sanctions against Russia for this war comes into force in Ukraine,” Zelenskyy said.
He also added that the new package applies, in particular, to the export of Russian resources and schemes for supplying electronic components to Russia, and the total impact on the restriction of Russian earnings from the 19th package is estimated at least at tens of billions of euros annually.
“We are also applying our new sanctions against Russian entities that work to extract resources in the Arctic and thereby finance Russia’s ability to fight. We already know that our partners will continue this sanctions step by taking into account our proposals in their sanctions packages,” the President of Ukraine added.
The Head of State also instructed to prepare new decisions of the National Security and Defense Council of Ukraine on the relevant submissions against entities involved in Russian propaganda and military production, as well as against collaborators.
“There will be our sanctions response to the Russian sanctions against the Prime Minister of Ukraine and other government officials. Of course, Russian sanctions do not create real problems, but at a time when the majority of the world is trying to do everything possible to end the war, any Russian escalation deserves a proper and tangible response,” Zelenskyy concluded.
the 19th EU sanctions package
Earlier it was reported that the European Union had officially approved a new package of sanctions against Russia. The restrictions are aimed at reducing the Kremlin’s revenues and preventing the circumvention of sanctions through third countries.
The EU Council’s decision added 45 companies to the list of entities supporting Russia’s military and industrial complex.
Among them are third-country companies that help Moscow circumvent export restrictions and obtain dual-use technologies, including machine tools, electronics, and drone components. The list also includes 12 companies in China and Hong Kong.
The sanctions package was approved after several weeks of negotiations between member states, which could not agree on the details. Discussions on the new sanctions package lasted several weeks. Austria, Hungary and Slovakia blocked the decision by putting forward their own demands.
