The Verkhovna Rada of Ukraine has approved the decision of the National Security and Defence Council of Ukraine to implement sanctions against Iran.
The Parliament has approved draft law No. 9333, proposed by the National Security and Defence Council of Ukraine, on the implementation of certain sectoral economic and other restrictive measures (sanctions) against the Islamic Republic of Iran for a period of 50 years.
328 MPs voted in favour.
The National Security and Defence Council adopted this decision on 27 May.
According to the draft law, sanctions against the Islamic Republic of Iran are to be applied for a period of 50 years and include a complete ban on trade operations, stopping the transit of resources, flights and transportation in the territory of Ukraine, and preventing the withdrawal of capital by Iranian residents.
It also envisages a ban on any investment in Iran and the transfer of technologies and intellectual property rights by residents.