Ukraine to impose sanctions on Russia
01 Jan 1970 1:00 am by Mark Dunn
Ukrainian Prime Minister Arseniy Yatseniuk has said that his government will submit a bill to parliament that will authorise it to impose mirrored sanctions against any country that imposes sanctions on it. Speaking at a government meeting, he added that "The Ukrainian government will react to any Russian decision with mirrored sanctions".
Following talks between Russia, Ukraine, and the EU that ended on 1 December without agreement, Russian Trade and Economic Development Minister Alexei Ulyukayev stated that "It's a very probable scenario that there won't be an agreement before 1 January and the non-preferential trade regime will be introduced", explaining that "it requires extraordinary efforts to reach an agreement".
This article first appeared on European Sanctions Law & Practice (http://europeansanctions.com/), a blog by Maya Lester (+44 20 7379 3550, firstname.lastname@example.org), a barrister at Brick Court Chambers, and Michael O'Kane (+44 (0) 20 7822 7777 email@example.com), head of Business Crime at Peters & Peters.