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Politics 2019-04-15T04:23:12+03:00
Ukrainian news
Russia Imposes Sanctions Against Farmak

Russia Imposes Sanctions Against Farmak

The Russian Federation has imposed sanctions against Kyiv-based Farmak, a large Ukrainian producer of medicines.

Respective Executive Order of the Russian Government 1300 dated November 1, 2018 was posted on its official website, Ukrainian News Agency reports.

Besides, sanctions were imposed against the BaDM limited liability company and the Stoma company, a producer of artificial teeth.

As Ukrainian News Agency earlier reported, the Russian Federation has imposed sanctions against 322 individuals and 68 legal entities from Ukraine.

The sanctions provide for freezing of non-cash funds, uncertified securities, and property in the territory of Russia and a ban on transfer of funds abroad from Russia.

On September 2, 2015, the National Security and Defense Council (NSDC) approved the list of sanctions against 1,124 Russian individuals and 156 legal entities.

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