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ARTICLE · 17 MARCH 2014

EU, Canada And US Tighten Sanctions In Relation To Developments In Ukraine

Norton Rose Fulbright Canada LLP
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Further to our update on February 25, 2014, Ukraine continues to be the focus of the world’s political attention. The sanctions framework continues to develop. By way of brief update.

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Stephen Nattrass
Stephen Nattrass
Lista M. Cannon
Lista M. Cannon
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Further to our update on February 25, 2014, Ukraine continues to be the focus of the world's political attention. The sanctions framework continues to develop. By way of brief update.

European Union

On March 3, 2014, the Council of the European Union (Council) published its "conclusions on Ukraine" in which "recalling its conclusions of 20 February 2014, the Council agreed to swiftly work on the adoption of restrictive measures for the freezing and recovery of assets of persons identified as responsible for the misappropriation of State funds, and the freezing of assets of persons responsible for human rights violations." The Council "strongly condemns the clear violation of Ukrainian sovereignty and territorial integrity by acts of aggression by the Russian armed forces" and calls for a "a peaceful solution."

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