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Ukrainian Rada adopts package of sanctions against Russia

August 12, 2014, 14:59 UTC+3 KIEV

The bill envisages measures of immediate response to the existing and potential threats to Ukraine

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KIEV, August 12. /ITAR-TASS/. The document suggested by the government was passed by 243 votes. It envisages 29 measures of immediate and effective response to potential threats to the national interests of Ukraine and its security, The proposed sanctions might block assets, limit trade transactions, fully or partly block transit of resources, ban flights and other transportation services, prevent exodus of capital, suspend or revoke financial liabilities and enforce other prohibitive measures, such as establishing control over mass media and Internet communications, banning ships and aircraft from calling at Ukrainian ports and flying in Ukrainian airspace, revoking trade transactions and joint projects in defense and security.

The sanctions might also paralyze cultural contacts, scientific cooperation, contacts in sport and education, cultural exchange, cause visa denials to foreign citizens and have planned official visits, meeting and talks cancelled.

The Ukrainian National Security Council will consider the sanctions proposed by the Ukrainian Rada, the Ukranian president, the Ukranian Cabinet or the National Bank of Ukraine.

If the proposed package is approved as a whole it will come into force on the following day since the document is published.

Rada-appointed Prime Minister Arseniy Yatsenyuk said earlier that the sanctions might apply to 172 physical and 65 juridical entities from Russia and other countries.

The Ukraine government suggests imposing sanctions against 172 people, including Russians and citizens of other countries, as well as 65 companies predominantly Russian.

The cabinet of ministers has already handed over its sanctions list to Ukraine’s National Security Council, which is expected to make the final decision on penalties against Russia.

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