International Sponsors Of War

International Sponsors of War ( uk, Міжнародні спонсори війни, Mižnarodni sponsory vijny) was a list of companies and individuals maintained by the Ukrainian National Agency on Corruption Prevention (NACP) in connection with the Russo-Ukrainian War, particularly the Russian invasion of Ukraine. It had no legal standing but was nonetheless impactful. By December 2023, the list included 46 companies from 17 countries and 261 individuals who, by doing business with Russia, increase Russian revenues and ultimately Russian military budget in the ongoing war with Ukraine. The list is contrasted with international boycott of Russia when by 2023 more than 1000 companies withdrew or divested themselves from Russia following the invasion of Ukraine. NACP viewed the list as a reputational instrument for elements of global supply chains, aimed at reducing Russia's financial and technological capability to damage Ukraine. In September 2022 the list was included into London Stock Exchange Group's database. Some companies among International Sponsors of War are also restricted in other countries.

The process of removal from the list was arbitrary and decided by the NACP on the one to one basis. Some companies have been removed from the list, as they ceased business with Russia and condemned the war. In June 2023, media outlets also reported the removal of five Greek tanker companies from the list, however the NACP kept them as they did not publicly condemn the invasion. In March 2024, the list of International Sponsors of War was abolished by the NACP and its data were moved to the Interdepartmental Working Group on Implementation of the State Sanctions Policy (IWG).

Companies

List

Former company inclusions and suspensions

Noted effects of being included on list

* June 2023: Norwegian Air and Scandinavian Airlines remove Mondelez products.
* August 2023: Mondi withdrew from Russia after being listed in February 2023.
* September 2023: Hungary agreed to 11th EU sanctions package after OTP Bank removed from list.
* November 2023: Three Greek shipping companies agreed to cease Russian trade after being listed.
* December 2023: Scandinavian Airlines stopped using PepsiCo and Nesquik products.
* December 2023: Austria blocked 12th EU sanctions package until Raiffeisen Bank International was removed from the list.
* January 2024: Oleksandr Novikov, the former head of Ukraine’s NACP reported that dozens of large transnational companies had left Russia for fear of being included on the list of sponsors.
* January 2024: Sweden's Royal House has cancelled the royal warrant to Marabou chocolate as it is owned by Mondelez.

Abolition

At a certain time Austria, China, France and Hungary started to criticize the list. China, in particular, a major consumer of Ukrainian grain, demanded in February 2024 the removal of 14 Chinese companies from the list to "eliminate negative impacts". Another cited reason was the frustration for singling out companies from countries that supported Ukraine.

On 22 March 2024, the NACP announced the decision to abolish the list and move its data to the Interdepartmental Working Group on Implementation of the State Sanctions Policy (IWG). The decision was based on the meeting of the Cabinet of Ministers of Ukraine on 15 March 2024.

See also

* Corporate responses to the Russian invasion of Ukraine
*Economic impact of the Russian invasion of Ukraine
*International sanctions during the Russian invasion of Ukraine
*List of companies that applied sanctions during the Russo-Ukrainian War

Notes

References

External links

Official list
(latest version before abolition)

{{Russian invasion of Ukraine, Reactions

Blacklisting
Commercial policy
Economy of Russia
Economy-related lists
Foreign involvement in the Russian invasion of Ukraine
Foreign trade of Russia
Multilateral relations of Ukraine
Lists of companies
Corporation-related lists
Reactions to the Russo-Ukrainian War
Ukrainian responses to the Russian invasion of Ukraine