Ukraine sanctions Russian firms

January 30, 2023

Ukraine has sanctioned hundreds of Russian and Belarusian individuals and firms since the start of the Russian invasion of Ukraine in February last year…reports Asian Lite News

Ukraine imposed sanctions against 182 Russian and Belarusian companies, and three individuals, in the latest of a series of steps by President Volodymyr Zelensky to block Moscow’s and Minsk’s connections to his country.

“Their assets in Ukraine are blocked, their properties will be used for our defence,” Zelensky said in a video address.

The sanctioned companies chiefly engage in the transportation of goods, vehicle leasing and chemical production, according to the list published by the National Security and Defense Council of Ukraine.

The list includes Russian potash fertiliser producer and exporter Uralkali, Belarus state-owned potash producer Belaruskali, Belarusian Railways, as well as Russia’s VTB-Leasing and Gazprombank Leasing both dealing with transport leasing.

Ukraine has sanctioned hundreds of Russian and Belarusian individuals and firms since the start of the Russian invasion of Ukraine in February last year.

Meanwhile, Zelensky has emphasised that “Russian athletes should not take part in Paris Olympics 2024” during his phone call with his French counterpart Emmanuel Macron.

“I particularly emphasised that athletes from Russia should have no place at the Olympic Games in Paris,” Zelensky wrote on his telegram channel on Tuesday.

Following the Russian invasion of Ukraine, launched in February last year, the International Olympic Committee Executive Board had recommended that international sports federations and sports event organisers not invite or allow the participation of Russian and Belarusian athletes and officials in international competitions adding that Russian or Belarusian nationals should be accepted only as neutral athletes or neutral teams.

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