Ukraine president signs law paving way for sanctions against Russia: Interfax

Ukrainian President Petro Poroshenko has signed a law paving the way for the imposition of economic sanctions against companies and individuals, Interfax news agency reported on Wednesday.

Reuters| Last Updated: Sep 10, 2014, 13:19 PM IST

KIEV: Ukrainian President Petro Poroshenko has signed a law paving the way for the imposition of economic sanctions against companies and individuals, Interfax news agency reported on Wednesday.

The law, approved by Ukraine`s parliament last month, is expected to target companies and individuals in Russia suspected of supporting and financing pro-Russian separatists battling Ukrainian forces in eastern Ukraine.

The government has already prepared a list of 172 citizens of Russia and other countries, and of 65 Russian companies, including gas export giant Gazprom GAZP.MM, on whom they could impose sanctions "for financing terrorism".