NSDC considering new Ukrainian sanctions against Russia

Ukraine's Cabinet of Ministers has approved a new package of extended sanctions against Russia and sent them to the National Security and Defense Council (NSDC) of Ukraine for consideration, Ukrainian Prime Minister Arseniy Yatsenyuk said at a government meeting on Wednesday.

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"The Cabinet of Ministers decides to adopt a new, extended package of sanctions against the Russian Federation and submits it for consideration by the NSDC," Yatsenyuk said.

As UNIAN reported earlier, new extended sanctions of the U.S. government targeting Russian economy, as well as some Ukrainian former officials, became effective on August 11.

Ambassador of Ukraine to the United States Valeriy Chaly said the extended sanctions list included seven individuals and six companies that have shied away from the sanctions imposed (including those associated with Gennady Timchenko, Boris Rotenberg, as well as weapons manufacturer Kalashnikov Concern); two Russian companies that are involved in the military industrial complex of the Russian Federation; four former Ukrainian high-ranking officials and their supporters involved in the embezzlement of state assets and abuse of power; CJSC MAKO Holding, affiliated with Oleksandr Yanukovych (the elder son of the fourth ex-President of Ukraine Viktor Yanukovych). The sanctions list also includes five operators of Crimean ports and one Crimean ferry operator; 35 companies controlled by the persons that were previously included into the sanctions list, as well as those companies with more than 50% of capital being controlled by Russian Vnesheconombank and Rosneft.

Chaly noted that one of the aims of sanctions expansion is to harmonize the existing restrictions with other members of the international coalition of countries, including the U.S. and Canada, that are supporting Ukraine in countering Russian aggression. In addition, the U.S. Department of the Treasury is trying to raise awareness of representatives of the American business regarding the necessity to comply with the sanctions.

Most developed countries imposed restrictive measures against the Russian Federation in summer of 2014 in response to its occupation and annexation of Crimea, as well as the outbreak of hostilities in Donbas.

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