On December 12, the Verkhovna Rada of Ukraine gave the first reading to the government bill about sanctions against Russia. The document regulates 29 measures of "prompt and effective response to current and potential threats to national interests and security of Ukraine."
In particular, the Security and Defense Council of Ukraine will be entitled to freeze assets, restrict trading, suspend in whole or in part the transit of resources, prevent the outflow of capital, suspend the implementation of economic and financial liabilities, cancel licenses, restrict or terminate the provision of postal services.
Ukraine may also ban or restrict the entry of vessels in the territorial waters or ports of Ukraine. Russian aircraft could be barred from entering the airspace of Ukraine, nor will they be allowed to land on the territory of Ukraine.
The restrictions also provide limitations or cessation of the activity of mass media, including on the Internet. Ukraine will terminate cultural exchange, scientific cooperation, education and sports contacts.
After the vote on the document, Prime Minister Yatsenyuk said during a break that deputies will be able to introduce amendments to the draft law. The second reading of the bill is likely to be held today. If approved, the document will come into force the day following its publication, ITAR-TASS reports.
The United States does not recognize the entry of Ukrainian territories into Russia. Such a development will seriously complicate prospects for a diplomatic settlement