Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
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.
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

3:44 PM

Russian ICBM strike would be 'clear escalation,' EU says.

"While we're assessing the full facts, it's obvious that such (an) attack would mark yet another clear escalation from the side of (Russian President Vladimir Putin," EU foreign affairs spokesperson Peter Stano said, according to AFP.
1:40 PM

Merkel describes Trump as 'fascinated by Putin' in her memoir.

"(Donald Trump) saw everything from the point of view of a property developer, which is what he was before he came into politics. Every plot of land could only be sold once, and if he didn't get it, someone else would," Angela Merkel says in her memoir.
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.