Zelensky announces new financial sanctions against Russia  

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**Ukraine Imposes New Sanctions on Russia**

Ukrainian President Volodymyr Zelensky has signed a decree imposing new sanctions on the Russian financial sector. This is part of Ukraine’s efforts to pressure Russia over its invasion.

**140 Entities Targeted**

The sanctions target 140 distinct entities, including companies and individuals that support Russia’s war in Ukraine. President Zelensky said this move will bring peace closer.

**Criminal Penalties for Sanctions Evasion**

Along with the decree, President Zelensky also signed a draft law introducing criminal penalties for trying to evade sanctions. This law is based on international standards and aims to prevent individuals and companies from avoiding the sanctions.

**Pressure on Russia**

President Zelensky said that sanctions are an effective tool in pressuring Russia and its associates who support the war. He praised previous sanctions imposed by the US and UK, which targeted the Russian oil industry and dealt a significant blow to Moscow’s financial foundation.

**Next Steps**

The draft law will be submitted to Ukraine’s parliament, the Verkhovna Rada, for approval. This move comes as international pressure on Russia continues to build up.

Read More @ kyivindependent.com

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