Ukraine imposes sanctions against software of Russian companies Indusoft, ISS 2 min read
Russian companies InduSoft LLC and ISS-Soft LLC were included in the sanctions list by the decision of the National Security and Defense Council of Ukraine (NSDC) and the decree of the President of Ukraine dated February 19, 2021.
According to the documents, a complete ban on trade operations, transit of resources, revoking or suspension of licenses, termination of the provision of telecom services, as well as a ban on the transfer of technology, rights to intellectual property is introduced for the period of three years and sanctions are applied to prevent the withdrawal of capital from Ukraine.