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Ukraine imposes sanctions against metal factory in Transnistria

The restrictions will last for three years; they take place due to the ban of scrap metal from Ukraine to the non-recognized Pridnestrovian Moldovan Republic
22:28, 24 May 2018

eurointegration.com.ua

The 'Moldovan Metallurgy Factory', the black metal enterprise located in Rybnitsa, Transnistria, faced the sanctions by the Ukrainian government. The restrictions will last for three years, UAProm reports.

The respective measure is foreseen by the presidential decree No.126; the sanctions include blocking assets, limiting trade operations, preventing withdrawal of assets out of Ukraine, canceling of economic and financial boundaries, as well as the ban on state procurement. 

Ukrmetalurgprom company previously upheld the ban of export of black metals to the non-recognized state of Transnistria; currently, Ukraine exports 20 percent of the scrap metal to this country.  

Related: Ukrainian scrap metal shipped to unrecognized Transnistria – union chairman

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