Zelenskyy extended sanctions against Firtash, Fuchs and some Russian oligarchs
President Volodymyr Zelenskyy put into effect the decision of the National Security Council dated June 24, 2024 to extend sanctions against 390 individuals and 366 legal entities for another 10 years. This list includes Ukrainian businessmen Dmytro Firtash and Pavlo Fuchs, as well as a group of Russian oligarchs.
The day before, the head of state signed the corresponding decree No. 376/2024 On the application, cancellation and amendment of personal special economic and other restrictive measures (sanctions). The document with attachments is published on the website of the Office of the President.
Continuation of sanctions against Firtash and Russian oligarchs: what is known
At a meeting on June 24, the National Security Council supported the proposals made by the Security Service of Ukraine regarding the application, cancellation and amendment of personal special economic and other restrictive measures (sanctions).
This is, in particular, the continuation of the sanctions introduced on June 18, 2021 by the National Security and Defense Council of Ukraine against Dmytro Firtash and Pavlo Fuchs, whose validity period has expired.
At that time, sanctions were imposed on Firtash due to his participation in the titanium business and supply of raw materials to defense enterprises of the Russian Federation, on Fuchs – due to violations during obtaining licenses for the development of hydrocarbon deposits.
The new sanctions provide for the continuation of the blocking of assets, restrictions on trade operations, partial or complete suspension of transit of resources, flights and transportation through the territory of Ukraine, cancellation of licenses for conducting certain types of activities, ban on participation in privatization, etc.
The list of personal sanctions also includes Russian businessman Oleg Deripaska, Gazprom CEO Oleksiy Miller, VTB Bank CEO Andrey Kostin, as well as Russian terrorist leaders and collaborators – Pavlo Gubarev, Igor Plotnytskyi, Igor Bezler, and Igor Girkin.
