Skip to content
Edit post

Ukraine sanctions over 300 Russian, foreign companies

by Elsa Court November 23, 2023 7:49 PM 1 min read
President Volodymyr Zelensky on Nov. 4, 2023 in Kyiv, Ukraine. (Viktor Kovalchuk/Global Images Ukraine via Getty Images)
This audio is created with AI assistance

Ukraine has introduced economic sanctions against more than 300 companies around the world, President Volodymyr Zelensky announced via presidential decree on Nov. 23.

The sanctions were advised by Ukraine's National Security and Defense Council (NSDC). Those on the list face blocks to their assets and will be prevented from withdrawing capital outside of Ukraine.

A number of energy companies from across Russia have been targeted by five-year sanctions, while sanctions lasting 10 years were imposed on 87 individuals, among them Ukrainian citizens.

A separate decree imposed 10-year sanctions on Swiss, Cypriot, British, Uzbek, and Russian citizens, as well as companies based in Malta, China, Turkey, Cyprus, the United Arab Emirates, Uzbekistan, and Russia.  

Prominent names on the list include Anatoly Chubais, the former head of Russia's presidential administration, and Volodymyr Sivkovich, the ex-deputy secretary of the NSDC.

Another sanctioned person is Leonid Kharchenko, a Ukrainian national who was convicted by a Dutch court in 2022 for his involvement in shooting down flight MH17 over Russian-occupied Donetsk.

Ukraine will inform its Western partners of the sanctions and request that "similar restrictive measures" be introduced against those on the list.

AP: Cypriot president asks foreign experts to help with Russian sanction evasion investigations
Cypriot President Nikos Christodoulides told the Associated Press on Nov. 20 that he had invited financial crime experts from an unnamed third-party country to assist with investigations into the use of Cyprus as a means of circumventing sanctions against Russia.

News Feed

5:15 AM

Media identifies nearly 85,000 Russian soldiers killed in Ukraine.

According to the outlets' conclusions for the year, 2024 will likely mark the "war's deadliest year," with a current count of over 20,000 deaths confirmed over the past 12 months — although final conclusions cannot yet be made as data on casualties continues to emerge.
11:17 PM

Zelensky meets with CIA director in Kyiv.

President Volodymyr Zelensky said on Dec. 21 that he met with CIA Director William Burns in Ukraine, marking a rare public acknowledgment of their discussions during Russia’s full-scale invasion.
4:16 AM

IMF approves $1.1 billion in funding for Ukraine.

The IMF approved the $1.1 billion tranche after completing its sixth review of the Extended Fund Facility (EFF), a plan to provide Ukraine with over $15 billion in budget support over four years.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.