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The decision of the National Security and Defense Council of Ukraine dated October 5, 2024, pertains to the application of personal special economic and other restrictive measures (sanctions). According to this decision, the NSDC adopted the following provisions:
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Support for the proposals of the Cabinet of Ministers of Ukraine: The NSDC agreed with the government’s proposals regarding the introduction of personal special economic and other restrictive measures against certain individuals.
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Application of sanctions to individuals and legal entities:
- Sanctions are applied to individuals listed in Appendix 1 to the decision.
- Sanctions are also applied to legal entities, the list of which is specified in Appendix 2 to the decision.
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Ensuring implementation and monitoring of sanctions: The Cabinet of Ministers of Ukraine, together with the Security Service of Ukraine and the National Bank of Ukraine, is tasked with ensuring the implementation and monitoring of the effectiveness of the imposed sanctions.
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Informing international partners: The Ministry of Foreign Affairs of Ukraine is instructed to inform the competent authorities of the European Union, the United States of America, and other states about the application of sanctions. They are also tasked with raising the issue with these authorities regarding the introduction of similar restrictive measures.
Thus, this decision provides for the introduction of personal sanctions against specific individuals and legal entities, as well as coordination with international partners to enhance the effect of these sanctions.
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