Ukraine imposes moratorium on fulfillment of monetary obligations to Russia

Ukraine’s Cabinet of Ministers has established a moratorium on the fulfillment of monetary and property obligations to Russia, as well as persons associated with it, Report informs referring to the Ukrainian media.

According to the government decree of Ukraine, the state has introduced a moratorium on the fulfillment of monetary and property obligations to Russia and persons associated with it, even under compulsion. The ban is explained by ensuring the protection of the national interests of Ukraine.

The moratorium applies to the alienation, pledging and any other actions that may lead to the seizure of real estate, securities, corporate rights, vehicles, aircraft and ships, inland navigation vessels by persons associated with Russia.

Transactions concluded in violation of the moratorium are invalid, according to the country’s Cabinet of Ministers.