17:56 15.01.2018

Economy ministry lifts sanctions from Russian coal supplier Yuzhtrans

1 min read
Economy ministry lifts sanctions from Russian coal supplier Yuzhtrans

 The Ministry of Economic Development and Trade of Ukraine has lifted sanctions from the Russian coal supplier Yuzhtrans LLC (Rostov region), according to the website of the agency.

The corresponding decision is stipulated in ministry resolution No. 1905 of December 29, 2017.

As reported, sanctions against Yuzhtrans in the form of prohibition of foreign economic relations with this company were introduced by ministry order No. 1583 of October 30, 2017. They entered into force on December 9, 2017.

The Security Service in 2015 suspected Yuzhtrans of participating in an illegal scheme for export of coal from the uncontrolled areas of Donetsk and Luhansk regions. According to the service, part of profit was used for financing the terrorist organizations DPR and LPR.

Yuzhtrans is part of South Coal Company, which owns extracting assets in Rostov region of the Russian Federation. It supplies anthracite to a number of Ukrainian enterprises, including Donbasenergo.

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