Donbas blockade’s influence on Ukraine’s currency to be minor, - NBU
The temporary ban on cargo transportation across the delimitation line in Donbas has a limited influence on Ukrainian currency, hryvnia, according to the National Bank of Ukraine. This was stated in the message on NBU official site.
Ukraine introduces transport blockade on separatist-held Donbas territories
The National Security and Defense Council (NSDC) of Ukraine decided on March 15 to temporarily end freight movement along railway lines and roads across the line of contact with the uncontrolled Donbas territories. In this way they have effectively legalized the trade blockade of several areas in the Donetsk and Luhansk regions which has been performed by war veterans in Eastern Ukraine.
President: Ukrainian enterprises remained the only anchors for those territories to hold on to Ukraine
Enterprises that kept paying wages in Ukrainian currency and paying taxes to the Ukrainian budget were the “islands” of Ukrainian presence in the occupied territories and they were to become a stronghold of reintegration of those lands after their de-occupation. It was stated by President Petro Poroshenko in the interview with Ukrainian TV channels.
All freight traffic across delimitation line in Donbas blocked
All cargo transportation through demarcation line in Donbas was halted. This was reported by Oleksandr Turchynov, the Head of the National Security and Defense Council of Ukraine on Facebook.
NBU suggests that NSDC bans Russian state banks' subsidiaries from executing any financial transactions in favor of their parent banks
The National Bank of Ukraine (NBU) has suggested implementing the National Security and Defense Council (NSDC) decision by banning the Ukrainian subsidiaries of Russian state-owned banks from moving capital outside Ukraine.
Activists burn tires near SBU in Vinnytsia in support of blockade participants
Activists in Vinnytsia that support trade blockade held a demonstration near the building of the Security Service regional department. This was reported by Donbas trade blockade HQ on Facebook page.
Donbas Blockade HQs claims Kryvy Torets checkpoint taken by SBU and SWAT
The checkpoint of the so-called "Blockade Against Trade with Occupiers" at the Kryvy Torets railway station in the village of Scherbynivka in the jurisdiction of Torets Town Hall in Donetsk region has been taken over by Ukrainian SBU Security Service officers and members of the Ukrainian police's KORD Special Weapons and Tactics force, according to the blockade headquarters.
What is in the cargo trains going from the separatist republics to Ukraine?
The main objective of the economic blockade is to deprive separatist leaders and the separatist administration of funding. Their main source of revenue is the sale of coal to Ukraine. According to the Security Service of Ukraine (SBU), 47% of revenue from coal sales was spent on financing armed groups in the separatist republics. In the last year the volume of coal mined in the separatist-held territories increased by 49%, which indicates that some representatives of the Ukrainian authorities are interested that these gray schemes of coal supplies continue to exist. The cost of coal mined in the separatist-held territories is worth 500-600 ($20) hryvnia per ton, while Ukraine buys that same coal for 1730 ($65) hryvnia per ton.
latest news