Ukraine

Although Ukraine itself is not subject to sanctions, international sanctions target specific regions, particularly Crimea, which was annexed by Russia in 2014, and the territories in Eastern Ukraine occupied by Russian-backed forces. These sanctions are designed to prevent investment, trade, and economic engagement in these regions, signalling international condemnation of Russia’s territorial incursions.

Both the US and EU prohibit business dealings with entities operating in Crimea and enforce restrictions on those involved in the ongoing conflict in Eastern Ukraine.

The UK has aligned its sanctions regime with that of the US and EU, focusing on isolating the regions under Russian occupation. These measures are intended to pressure Russia to reverse its annexation and cease its involvement in the conflict. By restricting economic activity in these areas, the sanctions aim to undermine Russia’s control and support Ukraine’s territorial integrity.