On October 22, President Vladimir Putin signed a decree ordering the government to slap Ukraine with economic sanctions in response to its hostile approach towards Russia.
The document says that this decision was made “in response to Ukraine’s unfriendly actions, which are run counter to international law and imply the introduction of restrictive measures against citizens and legal entities of the Russian Federation”, in addition to “protecting national interests.”
Under the decree, the Russian government has been instructed to determine “special economic measures applicable to individuals and legal entities” as well as to draw up lists of individuals and legal entities, which will be targeted by these “measures”. Special economic measures are applied to the sanctioned individuals and entities from the day the decree comes into force – the date of its signing, October 22.
According to reports in the Russian media citing parliamentary sources, the sanctions will limit the Russian investments in the Ukrainian economic as well as supplies of energy resources and agricultural production. The sanctions may also target other spheres, including financial transactions.
It’s interesting to note that despite a military operation kicked off by the Kiev regime against the Russian-speaking population of eastern Ukraine as well as multiple hostile actions of the Poroshenko government against Mooscow, Russia remains the biggest investor in the Ukrainian economy. Furthermore, so far, no real diplomatic or economic restrictive measures have been undertaken by Moscow against the Kiev regime.
Meanwhile, the miltiary situation in eastern Ukraine remains tense. The Ukrainian Armed Forces (UAF) continue constant violations of the ceasefire regime attempting to gain more and more “neutral zone” near the contact line established between the UAF and local militas in the framework of the Minsk Accords.