The European Council has extended the restrictive measures targeting Russian individuals and economic relations with Russia until 24 February 2024. The decision was made considering Russia's illegal occupation of certain non-government-controlled areas of Ukraine in the oblasts of Donetsk, Kherson, Luhansk and Zaporizhzhia.European Commission President Ms Ursula von der Leyen has stated that the EU will turn up the pressure against Russia with a 10th package of sanctions. The EC proposes further export bans worth more than EUR 11 billion, to deprive the Russian economy of critical technology and industrial goods and further restrict the export of advanced tech goods. Ms Ursula von der Leyen said “We now have in place the toughest sanctions ever introduced by the European Union. And we have to ensure that they are strictly applied. Therefore, our 10th package introduces new measures to prevent circumvention. We will track oligarchs trying to hide or to sell their assets to escape sanctions. And together with member states we will set up an overview of all frozen assets of the Russian central bank held in the EU.”Besides, the European Union is set to blacklist 62 individuals and 28 organizations, including Alfa-Bank, Tinkoff and Rosbank, as well as Russia's National Wealth Fund, two media firms Patriot Media Group and Rossiya Segodnya, Ingosstrakh Insurance Company and London-based Pawell Shipping, which is accused of illegal transportation of stolen Ukrainian grain. The EU also intends to block the broadcasting of the Arab services of RT and Sputnik on its territory.The blacklist of individuals is to include the Russian Commissioner for Human Rights Tatyana Moskalkova, Deputy Chairman of the Government of the Moscow Region Vyacheslav Duhin and the Minister of Labour, Family and Social Protection of Bashkiria Lenara Ivanova for helping to organize evacuation of Ukrainian children from the liberated territories within the zone of the special military operation. It will also include a number of high-ranking military officers and Yevgeny Primakov, the head of the Federal Agency for the Commonwealth of Independent States Affairs, Compatriots Living Abroad, and International Humanitarian Cooperation, commonly known as Rossotrudnichestvo. A number of Eastern European countries are still trying to secure sanctions against Rosatom and its CEO Alexey LikhachevAccording to the EU External Action Service, the EU blacklist for Russia currently mentions 1,386 individuals and 171 companies.
The European Council has extended the restrictive measures targeting Russian individuals and economic relations with Russia until 24 February 2024. The decision was made considering Russia's illegal occupation of certain non-government-controlled areas of Ukraine in the oblasts of Donetsk, Kherson, Luhansk and Zaporizhzhia.European Commission President Ms Ursula von der Leyen has stated that the EU will turn up the pressure against Russia with a 10th package of sanctions. The EC proposes further export bans worth more than EUR 11 billion, to deprive the Russian economy of critical technology and industrial goods and further restrict the export of advanced tech goods. Ms Ursula von der Leyen said “We now have in place the toughest sanctions ever introduced by the European Union. And we have to ensure that they are strictly applied. Therefore, our 10th package introduces new measures to prevent circumvention. We will track oligarchs trying to hide or to sell their assets to escape sanctions. And together with member states we will set up an overview of all frozen assets of the Russian central bank held in the EU.”Besides, the European Union is set to blacklist 62 individuals and 28 organizations, including Alfa-Bank, Tinkoff and Rosbank, as well as Russia's National Wealth Fund, two media firms Patriot Media Group and Rossiya Segodnya, Ingosstrakh Insurance Company and London-based Pawell Shipping, which is accused of illegal transportation of stolen Ukrainian grain. The EU also intends to block the broadcasting of the Arab services of RT and Sputnik on its territory.The blacklist of individuals is to include the Russian Commissioner for Human Rights Tatyana Moskalkova, Deputy Chairman of the Government of the Moscow Region Vyacheslav Duhin and the Minister of Labour, Family and Social Protection of Bashkiria Lenara Ivanova for helping to organize evacuation of Ukrainian children from the liberated territories within the zone of the special military operation. It will also include a number of high-ranking military officers and Yevgeny Primakov, the head of the Federal Agency for the Commonwealth of Independent States Affairs, Compatriots Living Abroad, and International Humanitarian Cooperation, commonly known as Rossotrudnichestvo. A number of Eastern European countries are still trying to secure sanctions against Rosatom and its CEO Alexey LikhachevAccording to the EU External Action Service, the EU blacklist for Russia currently mentions 1,386 individuals and 171 companies.
