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Ukraine to consider sanctions against Russia August 8

August 07, 2014, 0:44 UTC+3 KIEV
Russian business in Ukraine operates mainly in such sectors as banking, finance, telecommunications, fuel and energy, and restaurants
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KIEV, August 06  /ITAR-TASS/. The Ukrainian government on August 8 will consider sanctions against Russia, Justice Minister Pavel Petrenko said on Wednesday.

“The government will hold a special meeting on Friday to consider proposals and make decisions on concrete sanctions against individuals and industries,” he told the Ukraina television company.

The government’s commissioner for European integration, Valery Pyatnitsky, said the list of Russian companies to be subject to sanctions would be published on August 12.

Russian business in Ukraine operates mainly in such sectors as banking, finance, telecommunications, fuel and energy, and restaurants. LUKOIL, Rosneft and Tatneft have their subsidiaries in Ukraine.

There are also eight subsidiaries of Russian banks, including Sberbank and VTB, and two stock exchanges with Russian capital.

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