Vladyslav Vlasiuk, Ukraine’s Presidential Commissioner for Sanctions Policy, has announced that the National Security and Defense Council (NSDC) will soon adopt a new sanctions package targeting critical components used by Russia’s defense industry.
He announced this on Ukrainian television, according to Ukrinform.
“A major focus remains the Russian defense industry. We are proposing [Ukrainian partners] a number of new categories of goods and substances for inclusion in the list of critical components. In the near future, we expect to see a new NSDC sanctions package covering one of these highly specialized sectors,” Vlasiuk said.
He stressed that Ukraine would encourage international partners to align their measures in order to weaken Russia’s military-industrial base.
“We’re also looking into the financial sector. There is growing interest, particularly among European partners and others, in better understanding the unconventional financial mechanisms Russia has developed over the past year or so to bypass sanctions. This includes non-fiat [virtual] currencies, cryptocurrencies, and stablecoins. Russia has established an infrastructure for such payments. We already estimate the scale to be in the billions of U.S. dollars. However, this area is easier to investigate compared to the defense sector — it is relatively more transparent. I believe we’ll also be taking relevant sanctions decisions in this domain soon,” he added.
President Volodymyr Zelensky earlier enacted an NSDC decision to impose sanctions on Chinese companies supplying components for Russian drones.
On June 27, Zelensky also enforced an NSDC decision applying personal sanctions against 34 legal entities registered in Russia and 52 Russian citizens. Among the targeted companies are suppliers of components for Shahed-type attack drones, chip-making machinery, and other equipment used in Russia’s military-industrial complex.
Source: NSDC to soon impose sanctions on critical components for Russia's defense industry
