Fines levied in Lithuania for non-compliance with sanctions will be used to rebuild Ukraine
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19 Nov 2023
The Lithuanian Sejm has decided that fines for non-compliance with international and national sanctions will be transferred to the Development Cooperation Fund for the restoration of Ukraine.
99 members of the Sejm voted in favor of the amendment to the Law on Development Cooperation and Humanitarian Assistance, with no votes against and no abstentions.
The amendment also clarifies that these funds will be used to support only activities related to the reconstruction and recovery of Ukraine after the russian aggression.
The Ministry of Foreign Affairs initiated this amendment. It will be in effect for ten years, until January 2034.
According to Lithuanian Deputy Foreign Minister Jovita NeliupšienÄ—, Lithuania will take measures to promote Ukraine's recovery on its own, without waiting for a decision from the European Union (EU) or at the international level.
According to the Code of Administrative Offenses, violation of international sanctions or restrictive measures imposed by Lithuanian law is punishable by a fine of 200 to 6,000 euros.
Source: LRT