On Thursday, Ukraine’s parliament slapped 50-year sanctions on Russia’s central bank, commercial banks, investment funds, insurers, and other businesses.
Kyiv imposed the sanctions to keep Russia financially pressured for its full-scale invasion of Ukraine on Feb. 24 last year.
“Russian financial institutions cannot access Ukrainian markets or assets. Block, “On Facebook, National Bank of Ukraine governor Andriy Pyshniy remarked.
On Thursday, Ukraine’s parliament imposed 50-year sanctions on Russia’s federal bank, commercial banks, investment funds, insurers, and other firms.
Kyiv implemented the sanctions to financially squeeze Russia for its full-scale invasion of Ukraine on Feb. 24 last year.
“Russian banks cannot invest in Ukraine. Stop,” Andriy Pyshniy commented on Facebook.
Ukraine has previously sanctioned hundreds of Russian officials and companies, restricted Russians from owning land and engaging in state privatization, outlawed public purchases of Russian goods and services and stopped technology transfer to Russians.
Ukraine also wants Western nations to penalize Russia’s nuclear industry.
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