Ukraine to hit back at Rus­sia

CityPress - - News -

Ukraine has pro­posed sanc­tions against 172 cit­i­zens from Rus­sia and other coun­tries, as well as 65 Rus­sian com­pa­nies “for fi­nanc­ing ter­ror­ism”.

The move, an­nounced on Fri­day by Prime Min­is­ter Arseny Yat­se­niuk, is a way of hit­ting back at Rus­sia, which Ukraine ac­cuses of sup­port­ing sep­a­ratist rebels.

Yat­se­niuk said Ukraine, which has been bat­tling the sep­a­ratists in the east of the coun­try since April, aimed to bring in a broad range of sanc­tions cov­er­ing all as­pects of re­la­tions with its gi­ant neigh­bour, from trade and busi­ness to cul­ture and tourism.

The pro­posed leg­is­la­tion would also al­low Ukraine to im­pose a “par­tial or full ban on the tran­sit” of re­sources from Rus­sia, air flights and road traf­fic via Ukrainian ter­ri­tory.

Asked whether the pro­posed moves could ban Rus­sian gas tran­sit­ing Ukraine to Europe, Yat­se­niuk said: “I spoke about all the mea­sures which could be in­cluded in the [pro­posed] law. This in­cludes the pos­si­ble halt­ing of all types of tran­sit, from air flights to tran­sit of re­sources.”

That news pushed up gas prices on the Lon­don mar­ket on Fri­day.

Rus­sia halted gas sup­plies to Ukraine in June be­cause of a dis­agree­ment over pric­ing, but it still pumps half of its gas sup­plies to Europe via its neigh­bour.

Ukraine’s planned ac­tion against Rus­sian com­pa­nies would in­clude freez­ing as­sets, lim­it­ing trade op­er­a­tions and ban­ning cap­i­tal with­drawal from Ukraine, he said.

In­di­vid­u­als listed could face visa re­stric­tions af­fect­ing their en­try to Ukraine and their exit from the coun­try, he said.

The list of sanc­tioned com­pa­nies and in­di­vid­u­als would be made pub­lic later, Yat­se­niuk said.

The pro­pos­als would be passed on to the na­tional de­fence and se­cu­rity coun­cil, and Yat­se­niuk ex­pected Par­lia­ment to bring in laws on Tues­day to en­force them. – Reuters

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