- Comprehensive Energy and Financial Sanctions: The EU adopted its 19th sanctions package targeting Russia’s energy sector, including a complete ban on Russian liquefied natural gas (LNG) and stricter measures against the shadow fleet, bringing the total number of listed vessels to 557. Additionally, the package introduces significant financial sanctions, including transaction bans on new Russian banks and restrictions on cryptocurrency services, aiming to curb Russia’s financial capabilities.
- Expanded Trade Restrictions: The package includes enhanced export restrictions aimed at weakening Russia’s military-industrial complex, with individual sanctions on key business figures and new bans on dual-use items and advanced technologies. It also adds 45 entities involved in sanctions circumvention to the blacklist, reinforcing the EU’s commitment to preventing support for Russia’s war efforts.
- New Accountability and Service Bans: The sanctions package introduces measures targeting Russia’s Special Economic Zones (SEZs) to discourage EU businesses from engaging with these areas, and it imposes service bans on advanced digital capabilities. Furthermore, the EU aims to hold individuals accountable for the abduction and indoctrination of Ukrainian children by listing additional perpetrators and establishing stricter travel regulations for Russian diplomats within the EU.
Source ec.europa.eu
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