Ukraine expands sanctions on Russia, targeting people and firms

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Ukraine unveiled a broad set of sanctions targeting Russia, with a presidential decree published on the Ukrainian presidency’s website confirming restrictions apply to 33 individuals and 225 legal entities. The measures cover a ten-year period for most of the listed defendants, aiming to curb asset flows, commercial activity, and access to Ukrainian markets and resources. The package includes asset freezes, suspension of business operations, blocking of movements and transfers through Ukrainian territory, restrictions on capital withdrawal, enforcement of financial obligations, cancellation of licenses, and the withholding of new permits. It also prohibits participation in privatizations, usage of Ukrainian territorial waters, transfer of technology and property rights, and awards or titles conferred by Ukraine. Additionally, ownership of land within Ukraine is restricted for those on the list.

Among the individuals named are Vladimir Skoch, a co-owner of the Metalloinvest mining and metallurgical group, and his granddaughter Varvara Skoch, alongside other relatives connected to sanctioned figures, including Andrey Skoch, a State Duma deputy and son of Vladimir Skoch who is already sanctioned. Other prominent targets include Sergey Mezenev, head of Microem JSC in electronics development, Roman Agafonnikov, general director of STC LLC, which develops drones and radio systems, and several additional listed persons.

On the corporate side, sanctions cover entities such as JSC Information Satellite Systems named after Academician MF. Reshetnev, part of the Roscosmos group; the Plant Plastmass explosives manufacturer; the Volzhsky Electromechanical Plant; the Saransk Television Plant; and JSC Precision Engineering Central Research Institute, which is linked to Rostec, among others. Many of these firms produce dual-use goods suitable for both civilian and military applications. The sanctions apply to most legal entities for ten years, with four exceptions—Chelyabinsk Scientific and Production Association Elektromashina, Biysk Production Association Sibpribormash, Nizhnelomov Electromechanical Plant, and Slavgorod Radio Equipment Plant—where restrictions are limited to five years and focus on transit, capital withdrawal, and privatization prohibitions within Ukraine.

The Ukrainian leadership has extended these measures to include 1,419 people and entities from abroad, including Vyacheslav Boguslayev, the former chairman of Motor Sich. The decree also targets members of the Russian Federation’s Federation Council affiliated with the Luhansk People’s Republic as well as deputies and regional officials from Zaporozhye and Kherson, such as Daria Lantratova and Konstantin Basyuk, along with Dmitry Vorona from Zaporozhye. In total, 257 Russian individuals are named, including high-profile figures such as Dmitry Medvedev, the son of Ilya, who holds a deputy chair role in the Russian Security Council, and Viktor Zubkov, the chairman of Gazprom. The decree also mentions Nord Stream leader Matthias Warnig and Leonid Roshal, president of a major pediatric surgical research institute. The publication confirms that the sanctions were issued following decisions taken by Ukraine’s National Security and Defense Council and executed through presidential decree. [Source attribution: Ukrainian presidential administration decree]

The sanctions extend to asset freezes, business activity suspensions, license revocations, and the stripping of state honors. A separate measure, dated March 11, expands the list to include penalties against a broad group of Russian bookmakers and betting operators. Among the sanctioned entities are Sportbet, Betsity, Matchbet, Bookmaker Pari, Marathon, BC Olimp, and the all-Russian lottery operator Sportloto, with Parimatch, registered in Cyprus, also subjected to restrictions. The time horizons for these provisions range from five to fifty years, depending on the entity. The decree also lists nearly 120 individuals from Russia, Cyprus, the United Kingdom, Poland, Armenia, Turkey, and the Netherlands who face sanctions for up to half a century. [Source attribution: Ukrainian government actions and NSDC decisions]

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