Russia will soon introduce its currency in the four Ukraine regions it is occupying.
This is according to the Russian lower house of parliament which ratified the incorporation of four occupied Ukrainian regions on Monday and fast-tracked the relevant legislation as the West rallied further to Kiev’s aid.
More than 400 deputies in the Russian Duma, in a move unrecognised by most of the international community, voted unanimously in favour of Luhansk, Donetsk, Zaporizhzhya, and Kherson becoming part of the Russian Federation as well as enacting various laws.
“The laws fully strengthen the main social and economic guarantees of people living in the territories and create a system of legal protection for citizens,” Pavel Krasheninnikov, head of the Duma legal committee, said according to the Interfax news agency.
Russian citizenship is to be granted to all residents of the occupied regions who apply for a passport and take an oath to the country’s constitution, which will prompt pension payments and health care.
The Russian rouble will be introduced as the currency, but until the end of the year residents will still be able to pay with Ukrainian hryvnia.
By June 1, 2023, new administrative bodies will be created.
President Vladimir Putin, whose forces invaded Ukraine in February, signed the treaties of accession on Friday with the Duma having to approve them.
A similar rubber-stamping by the upper house – the Federation Council – is considered a formality.
