Ukraine Joins Canada in Sanctions Push

In a significant move to bolster its international alliances, Ukraine has synchronized its sanctions with Canada, targeting individuals and entities that support Russia’s ongoing actions in Ukraine. President Volodymyr Zelenskyy has enacted decisions from Ukraine’s National Security and Defense Council, issuing decrees that align this year’s Ukrainian sanctions with those imposed by Canada.

The synchronized sanctions affect 139 individuals and legal entities that are deemed to be aiding Russia’s war efforts. This list includes 74 individuals and 65 legal entities, many of which are involved in Russia’s industrial, energy, and defense sectors. Notable entities affected include Allchips, a supplier of dual-use goods, and Cyprus-based Azia Shipping Holding, which is linked to the transportation of weapons.

Additionally, the sanctions extend to Chinese companies such as Hengye Tech and YLH Electronics HK Co, as well as Paramount Energy and Commodities SA, which is associated with Russian oil trade. The Ukrainian government has also introduced new sanctions against 28 individuals engaged in business and propaganda activities within the occupied territories of Ukraine, including bloggers and military correspondents.

Ukraine’s efforts to synchronize sanctions are part of a broader strategy to align with European partners and other allies. The country is actively working with international law enforcement to enforce these measures and is preparing to further synchronize its sanctions with partner jurisdictions.