The European Commission welcomes the Council’s adoption of the 18th Russia sanctions package, aimed at further ramping up pressure on the country and supporting EU’s goal of achieving a just and lasting peace for Ukraine.
The new measures focus on five building blocks: cutting Russia’s energy revenues, hitting Russia’s banking sector, further weakening its military-industrial complex, strengthening anti-circumvention measures, and holding Russia accountable for its crimes against Ukrainian children and cultural heritage. With this package, the number of listed vessels in Russia’s shadow fleet reaches a total of 444 vessels, and the number of individual listings exceeds 2,500. This package also includes new sanctions against Belarus.
More information is available in a press release and questions and answers online.
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