President Volodymyr Zelenskyy enacted the decisions of the National Security and Defense Council of Ukraine regarding the synchronization and introduction of sanctions and signed the corresponding decrees.
Ukraine has fully synchronized this year’s Canadian sanctions targeting 139 individuals and legal entities working for Russia’s war against our country.
This includes 74 individuals and 65 legal entities involved in the Russian Federation’s industrial and energy sectors, the Russian defense industry, the promotion of Russian narratives abroad, information operations against Ukraine, as well as representatives of Russian authorities and Belarusian security forces.
In particular, this concerns: Allchips, which supplies dual-use goods such as microelectronics to the Russian Federation; Chinese companies Hengye Tech – a supplier of electronic integrated circuits – and YLH Electronics HK Co – a distributor of electronic components; Cyprus-based Azia Shipping Holding – owner of vessels transporting weapons and ammunition from North Korea to Russia; Paramount Energy and Commodities SA, linked to Russian oil trade; individuals connected to Transmorflot and the Arkhangelsk Sea Port.
These sanctions have also already been partially synchronized with European partners. Ukraine will continue working to align the sanctions of other allies and, together with its partners, is preparing decisions on synchronizing Ukrainian sanctions within partner jurisdictions.
The second decree introduces sanctions against 28 individuals involved in business activities in the temporarily occupied territories of Ukraine and in propaganda efforts. This includes bloggers and military correspondents.
For each of these names, Ukraine is working with law enforcement agencies of partner countries.