The NSDC press service reported this following the Council’s meeting on March 1.
“The National Security and Defense Council of Ukraine supported the proposals of the National Bank of Ukraine to extend the effect of personal special economic and other restrictive measures (sanctions) on banks with Russian capital, which expired in March 2018,” reads the report.
Earlier, President Petro Poroshenko at the NSDC sitting offered that sanctions against Ukrainian banks with Russian state capital be extended. “Today, at the proposal of the NBU, the issue of prolonging sanctions against Russian banks was put on the agenda.”
According to Poroshenko, these banks are now curtailing their business in Ukraine and are simultaneously searching for buyers and, therefore, their withdrawal from the local market is just a matter of time.
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