Contents tagged with Sanctions
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Trump extends sanctions against Russia for another year
US President Donald Trump has extended sanctions against Russia for another year due to its annexation of the Crimea and aggression in Ukraine, the White House website reports.
"In accordance with section 202(d) of the National Emergencies Act, I am continuing for 1 year the national emergency declared in Executive Order 13660," the statement says.
The document notes that Russia's actions in Ukraine including the Crimea's annexation and aggression in the Donbas "continue to undermine …
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Media: Russia's largest energy company will not work in Crimea because of sanctions
The Russian government finally abandoned plans to include Rosseti in the Krymenergo JSC created in the Crimea, reports Kommersant news outlet, citing an unnamed source familiar with the situation.
"The creation of the ‘road map’ for the organization of the joint-stock company is now passing the final stage but the reality is Rosseti won’t be there. This is the final decision," the source said.
Rosseti is Russia's largest operator of power grids. It includes 36 subsidiaries and affiliates. …
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National Bank of Ukraine calls for extending sanctions on subsidiaries of Russian banks
The National Bank of Ukraine (NBU) has deemed it necessary to prolong sanctions on banks carrying Russian state capital, said the Chairperson of the NBU Financial Stability Department, Vitalii Vavryshchuk, as RBC-Ukraine reports.
The sanctions against five Russian bank subsidiaries - VS Bank, Sberbank Ukraine, VTB, BM Bank, and Prominvestbank - were imposed by a decree signed by President Petro Poroshenko in mid-March 2017, for one year, expiring this March.
“Yes, we deem it necessary to …
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Polish company fell under the US sanctions for trading coal from separatist-held territory of Donbas
The Polish company, Doncoaltrade, which was engaged in exporting of coal from the separatist-controlled territories of the Donbas, was included in the US sanctions list, as stated in a message on the website of the US Department of the Treasury.
On Friday night, the US Treasury announced the expansion of sanctions against Russia due to the situation in Ukraine, adding to it 21 individuals and 12 organizations.
Polish publication Gazeta Prawna reported on November 5 that anthracite from …
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Kremlin: Russia will not recognize US sanctions against North Korea
Interfax reports that Igor Morgulov, Deputy Minister for the Russian Ministry of Foreign Affairs, said that Russia will not recognize unilateral US sanctions against North Korea, nor will it expel North Korean citizens that fall under the US sanctions from Russian territory.
“We will only comply with sanctions passed by the Security Council of the United Nations. We will not recognize unilateral US sanctions, and we do not have any international obligations to comply with them,” he said.
On …
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Lithuania bans 49 Russians from entering the country under Magnitsky Act
The Lithuanian Minister of the Interior, Eimutis Misiūnas, has banned 49 Russian citizens from entering the country under the Magnitsky bill, as reported by Ministry spokesperson Karolis Vaitkevičius to BNS.
A list was compiled by the Lithuanian Ministry of Foreign Affairs (MFA) based on consultations with foreign partners, said MFA spokesperson Rasa Jakilaitienė. She specified that the list had been prepared prior to adoption of the Magnitsky bill by the Seimas, and included Russians accused …
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DPR imposes sanctions on LPR
Authorities of the so-called DPR (Donetsk People’s Republic) have banned the import of excisable goods (vodka, cigarettes, petroleum products and liquefied gas) from the LPR (Luhansk People’s Republic).
"Resolution of the Council of Ministers" No. 16-12 of December 7 entered into force on December 27.
"To prohibit the importation into the territory of the DPR of excisable goods, regardless of the country of origin (with the exception of transit to the territory of the Russian Federation), …
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Chechnya leader Kadyrov announces launch of new social network after Facebook and Instagram blocked his accounts
On the night of December 23, the accounts of Chechnyan leader Ramzan Kadyrov were removed from Instagram and Facebook; after this turn of events, Kadyrov announced the launch of a Chechen social network called Mylistory.
As reported by the publication TJ, Mylistory is an instagram clone available in the App Store and Google Play. Magomed Eskhanov is noted as the application developer. Externally, the application looks like a complete copy of the old version of the Instagram, in gold color and …
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US imposes sanctions on head of Chechnya Kadyrov
Chechen leader Ramzan Kadyrov was sanctioned by the United States under the Sergei Magnitsky Rule of Law Accountability Act of 2012 (the Magnitsky Act), according to the updated sanctions list published on the website of the U.S. Department of the Treasury.
Besides Kadyrov, four other Russians were targeted under the Magnitsky Act: Ayub Kataev, Yulia Mayorova, Andrei Pavlov, and Alexei Sheshenya.
The American authorities consider Kadyrov guilty of “killings, torture, and other gross …
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Media: EU to extend economic sanctions against Russia on December 14
On Thursday, before the EU summit, which will be held on December 14-15 in Brussels, the heads of state and governments of the EU member states will adopt the political decision to extend the sectoral economic sanctions against Russia, which were imposed for encroachment on the sovereignty and territory of Ukraine, reports Ukrinform news agency, citing a senior official of one of the EU governing bodies.
“French President Emmanuel Macron and Federal Chancellor Angela Merkel will speak to the …