This is the 16508th most frequent Russian word.
санкционного
The Russian word "санкционного" means "of sanction" or "related to sanctions" in English.
In this sentence, "санкционного" is used as an adjective modifying "режима," describing something related to sanctions.
Правительство приняло меры по соблюдению санкционного режима.
The government took measures to adhere to the sanctions regime.
Here, "санкционного" acts as an adjective describing "законодательства," referring to legislation pertaining to sanctions.
Компании стараются минимизировать влияние санкционного законодательства.
Companies are striving to minimize the impact of sanction-related legislation.
Again, "санкционного" is an adjective describing "пакета," implying something related to sanctions.