Ukraine imposed new sanctions: restrictions target ballistic manufacturers and collaborators

Ukraine imposed sanctions against Russian entities involved in the production of ballistic missiles and those facilitating sanctions evasion in the financial sector. Restrictions were also imposed on individuals acting in Russia’s interests in temporarily occupied territories of Ukraine.

Who the new sanctions target

The decrees putting into effect the decision of the National Security and Defense Council of Ukraine were signed by Volodymyr Zelenskyy, according to the Office of the President website.

The first sanctions list includes 70 Russians. They are involved in manufacturing the ballistic missiles Iskander-M and Zircon. These are the weapons Russia uses to carry out mass strikes on Ukrainian cities and communities, killing people and destroying infrastructure.

In response to the attacks, Ukraine is imposing sanctions on key employees of enterprises in the Russian defense-industrial complex and chemical industry who participate in maintaining the continuous industrial cycle for producing ballistics.

These include employees of the Votkinsk Plant, the V. V. Bakhirev Institute of Mechanical Engineering, the companies Radar MMS, Granit-Electron, Anozit, Aviatek, Metafrax Chemicals, Altai, Nevinnomyssky Azot, Azot, the Salyut and Strela plants, VNIIR-Progress, Mashinostroitel, Avangard, the Sverdlov and Morozov plants, the Voskresensky Aggregate Plant, as well as the research institutes Polus and Submicron.

Attention! All these enterprises are already under sanctions by Ukraine and, in part, by the United States, the European Union, the United Kingdom, Switzerland, Australia, Japan, Canada, and New Zealand.

Fuel

Average prices at Amic Energy gas stations as of

Ukraine plans to work with partners not only on fully synchronizing sanctions against these facilities but also against their key employees.

Vladyslav Vlasiuk

Advisor – Commissioner of the President on Sanctions Policy

Enterprises that produce Iskanders and Zircons have long been under sanctions by Ukraine and most partners. But rockets are assembled by real people: engineers, technologists, production managers. Now we are adding them to the sanctions list as well, 70 the key workers in the missile chain, from chemical plants supplying fuel components and explosives to the assembly shops in Votkinsk. Everyone who makes missiles for strikes on Ukrainian cities must understand: responsibility is personal, and it will not be avoided.

The sanction package includes those who help Russia evade sanctions in the financial sphere, 28 individuals and 27 legal entities. Among them are companies operating crypto exchanges, cryptocurrency exchange services, and their executives and owners.

Restrictions were also imposed on the executives and owners of companies belonging to the shadow banking network A7 that publicly offer tools to evade financial sanctions.

Note! Sanctions against the A7 network were previously imposed by the United States of America.

In another decision, sanctions were applied to:

against 10 individuals and 21 legal entities;

and also against two maritime vessels that are accomplices of Russia and operate in its interests on temporarily occupied territories of Ukraine.

They finance this unprovoked and aggressive war of Russia against Ukraine and the Ukrainian people, plunder our natural resources, and spread Russian propaganda,

the Office of the President website says.

These include, in particular, collaborators who serve the aggressor.

They also include enterprises that provide internet and television services, conduct geological exploration, and produce electronics and metal products in territories of Ukraine temporarily occupied by Russia.

Recall that on Monday, 12 October, the European Union introduced its largest expansion of the sanctions list against Russia. The list included almost 1 600 new entries.