Ukraine’s government has picked 172 individuals and 65 companies that will face sanctions for “support and financing of terrorism” or responsible for crimes on country’s territory, Prime Minister Arseniy Yatseniuk announced on August 8.
But it will be a while before the measures are actually applied because the nation is yet to see a law approved that introduces the very notion of sanctions to legislation. The law was also submitted to the parliament on August 8, and Yatseniuk said he expects it to come up for vote in parliament on August 12.
It’s also unclear what names will be on this list, which is subject for approval by the National Security and Defense Council. Yatseniuk said that the law will be mostly targeting Russian people and firms in response to Russia’s aggression against Ukraine.
When deciding on sanctions the government consulted and coordinated with western partners, Yatseniuk said.
“This is the first time in Ukraine’s history when we as a country apply sanctions to foreign individuals, who commit crimes against our country and our citizens,” Yatseniuk told the press briefing.
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(Ukrainian prime minister Arseniy Yatsenyuk, left, with EC president Jose Manuel Barroso. Photo: EC audiovisual service)