15:25 30.01.2018

Ukrainian justice minister calls 'Kremlin list' 'a final warning' to Russia

3 min read
Ukrainian justice minister calls 'Kremlin list' 'a final warning' to Russia

Ukrainian Justice Minister Pavlo Petrenko has said that the list of representatives of the Russian government and oligarchs, which was released by the U.S. Department of the Treasury, is "a final warning" to Russia regarding the need to fulfill its obligations.

"In fact, the U.S. government always takes a consistent position when sanctions are imposed against individuals and countries that violate the territorial integrity of their neighbors (in this case this is the aggressor country of the Russian Federation) and neglect the rule of law," he told journalists in Kyiv on Tuesday, while commenting on the list released by the U.S. Department of the Treasury.

Petrenko expressed confidence that this additional list "is in fact the final warning to the Russian Federation, its leadership and closest entourage regarding the need to fulfill their obligations, which are determined by the Minsk agreements... and stop aggression against Ukraine."

He said that the United States, according to its legislation, has the right, without additional notice to any person, to introduce a full range of sanctions and restrictive measures against companies and individuals.

As reported, the U.S. Department of the Treasury published the so-called 'Kremlin list' that includes businessmen, state companies CEOs and ministers.

The list submitted to the U.S. Congress includes 96 businessmen with a fortune exceeding $1 billion, as well as 114 officials and heads of state companies, among them Dmitry Medvedev, Igor Shuvalov, Anton Siluanov, Maxim Oreshkin, Arkady Dvorkovich, Nikolai Nikiforov, Alexei Miller, Igor Sechin, Herman Gref, Andrei Kostin, Boris Kovalchuk, Sergei Gorkov, Alexei Likhachyov, Vitaly Saveyev, Nikolai Tokarev, Oleg Deripaska, Roman Abramovich, Vladimir Potanin, and Mikhail Fridman.

Other businessmen on the list are Alisher Usmanov, Vagit Alekperov, Petr Aven, Elena Baturina, the Ananyev brothers, Leonid Fedun, Sergei Galitsky, Filaret Galchev, Roman Avdeyev, Mikhail Gutseriyev, Yevgeny Kaspersky, Suleiman Kerimov, Igor Kesayev, Andrei Kosogov, Alexei Kuzmichev, Vladimir Lisin, Ziyavudin Magomedov, Iskander Makhmudov, Alexander Mamut, Leonid Mikhelson, Yury Milner, Boris Mints, Aleshei Mordashov, God Nisanov, Mikhail Prokhorov, Dmitry Pumpyansky, Viktor Rashnikov, Kirill Shamalov, Oleg Tinkov, Viktor Vekselberg, Arkady Volozh, and Vladimir Yevtushenkov.

The Countering America's Adversaries Through Sanctions Act (CAATSA) obliges the U.S. Treasury Secretary to report to Congress on anti-Russian sanctions after consulting with the Director of National Intelligence and the Secretary of State.

The annex to the report, which will remain classified, may include persons with a lesser financial status and not included in the number of senior officials. A separate part of it is a list of enterprises with a state share of more than 25% and revenues of more than $2 billion.

On January 29, the U.S. Administration was to deliver a report to the Congress on politicians and businessmen closely associated with the Russian authorities. The Ministry of Finance must assess the consequences of various restrictive measures with respect to members of this list.

Inclusion in the list does not mean the distribution of any concrete sanctions on the persons included in it. However, experts believe that listing may reduce the access of these individuals to operations with foreign financial institutions, as many credit institutions will see persons from the report as persons under sanctions.

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