Good day! Here is a brief overview of the NSDC decision on the application of sanctions:
1. **Essence of the decision:** The NSDC decision, enacted by the Presidential Decree, provides for the application of personal special economic and other restrictive measures (sanctions) to individuals and legal entities identified in the annexes to the decision. This decision is the implementation of the Law of Ukraine “On Sanctions.” The Cabinet of Ministers of Ukraine, the SSU, the NBU, and the Commission on State Awards must ensure the implementation and monitoring of the effectiveness of these sanctions. The Ministry of Foreign Affairs of Ukraine should inform international bodies about the application of sanctions and initiate the introduction of similar measures.
2. **Structure and main provisions:** The decision consists of four points and two annexes. The points define the support of the SSU’s proposals regarding sanctions, the application of sanctions to individuals and legal entities in accordance with the annexes, ensuring the implementation and monitoring of sanctions by the Cabinet of Ministers, the SSU, the NBU, and the Commission, as well as informing international partners about the application of sanctions. Annexes 1 and 2 contain lists of individuals and legal entities to whom sanctions are applied.
3. **Important provisions for use:** The most important is to check Annexes 1 and 2 to determine whether certain individuals or legal entities fall under the sanctions. It is also important to consider that the Cabinet of Ministers of Ukraine, the SSU, the NBU, and the Commission ensure the implementation and monitoring of the effectiveness of these sanctions, which may affect the practical application of the decision.
