President of Ukraine Volodymyr Zelenskyy has signed a decree imposing sanctions against 140 entities in the Russian financial sector.

Source: Zelenskyy’s evening address

"Today, I signed documents concerning sanctions. One is a decree imposing sanctions on Russia’s financial sector, targeting 140 different entities. We will continue working with our partners to align our pressure," Zelenskyy said.

In addition, Zelenskyy signed another document – a draft law on criminal liability for attempts to circumvent sanctions, which will be submitted to the Verkhovna Rada of Ukraine.

"We all understand that the more pressure we exert on the aggressor, the closer we bring peace. Sanctions are one of the most effective tools for justly pressuring Russia and everyone associated with it or working for the war," he concluded.

Background:

• In September 2024, President of Ukraine Volodymyr Zelenskyy supported a new package of sanctions imposed by the National Security and Defence Council against 73 business entities – airports and air cargo companies – and 74 individuals in the Russian Federation.
• In December 2024, the National Security and Defence Council imposed personal sanctions on four legal entities and two individuals involved in the production of Russian FPV combat drones.

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