By Greg Waldron2021-02-03T10:04:00+00:00
Ukrainian president Volodymr Zelensky appears to have shut down China-backed firm Skyrizon’s long-running effort to acquire engine maker Motor Sich.
On 29 January, Zelensky approved presidential decrees sanctioning Skyrizon and its chairman, Wang Jing.
Source: Greg Waldron/FlightGlobal
Motor Sich powers the Antonov An-124
The sanctions relating to Wang apply for three years, and block his right to use and dispose of assets in the Ukraine, in addition to restricting his ability to travel to or within the country.
Another decree applies similar limitations to four entities connected with Wang: Skyrizon Aircraft Holdings, Hong Kong Skyrizon Holdings, Beijing Skyrizon Aviation Industry Investment, and Beijing Xinwei Technology Group.
United-states
Kiev
Ukraine-general
Ukraine
Washington
Ivchenko
Saratovskaya-oblast
Russia
Beijing
China
Chinese
Ukrainian