Zelensky proposes to introduce sanctions against Iran for 50 years
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President Volodymyr Zelensky submitted to the Verkhovna Rada a draft resolution on the introduction of sanctions against Iran for 50 years. This is discussed in the draft resolution on approval of the decision of the National Security Council dated May 27, 2023.
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What is the resolution about?
According to the document, the sanctions against the Islamic Republic of Iran are applied for a period of 50 years and include a complete ban on trade operations, stopping the transit of resources, flights and transportation on the territory of Ukraine and preventing the withdrawal of capital by residents of Iran.
Implementation and monitoring of the implementation of sanctions should be carried out by the Cabinet of Ministers, the Security Service, the Foreign Intelligence Service, the National Bank and other competent state bodies.
It is also proposed to prohibit the implementation of investments in Iran and the transfer by residents of technologies, rights to objects of intellectual property rights.
Read: Zelensky introduced sanctions against companies working on Russian terror
In addition, it is proposed to stop electronic payment means (in particular, transfers, settlement and cash withdrawals) issued by residents of the Islamic Republic of Iran.
The National Bank is also prohibited from registering an international payment system operated by Iran.
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Source: Ministry of Finance
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