UKRAINE: ' Prepares Sanctions Against Russia Through Transit Authorities Including Air-Flights and Gas Supplies to Europe Vote on Tuesday '

#AceBreakingNews – UKRAINE (Kiev) – August 08 – Ukraine ready to impose sanctions against any transit via its territory, including air flights and gas supplies to Europe, Prime Minister Arseniy Yatsenyuk said Friday.

Ukraine’s Parliament will vote on the sanctions on Tuesday.

Kiev has also prepared a list of 172 Russian citizens and 65 legal enitites to put under sanctions for “sponsoring terrorism, supporting the annexation of Crimea, and violating the territorial integrity of Ukraine,” Yatsenyuk said at a briefing on Friday.

Proposed sanctions include asset freezes, bans on certain enterprises, bans on privatizing state property, refusing to issue licenses, and a complete or partial ban on transit- both aviation and gas.

“We simply have no other choice,” the Prime Minister said, adding that Ukraine will use part of the $17 billion IMF aid to achieve energy independence, and may go to the World Bank for help.

Ukraine wants to “put a stop” to its gas dependence on Russia, its main source for energy to heat homes and buildings, but understands it will not be an “easy”process, Yatsenyuk told reporters.

“Ukraine is going to search the globe for the property of those who supported the annexation of Crimea,” Yatsenyuk said.

The Prime Minister estimates Ukraine could stand to lose $7 billion as a result of imposing sectorial sanctions against Russia, its biggest trading partner after the European Union.


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