The European Union is still raising its tone.
Following the announcement of new sanctions by the United States, which notably banned all new investments in Russia and sanctioned large Russian banks, the EU adopted a new series of sanctions against Russia, announced by the Presidency French from the Council of the EU.
Embargo on coal from Russia and freezing of assets of Russian banks
The new sanctions approved Thursday by the Committee of Permanent Representatives of the European Union include in particular strong measures on the economic aspect.
The EU has thus decided to ban coal imports from Russia and to freeze the assets of several Russian banks, in response to the Russian invasion of Ukraine.
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Approval by COREPER II of a new sanctions package in the context of Russian aggression against Ukraine.
This very substantial package extends the sanctions against Russia to new areas and provides in particular ⤵️ 1/5#PFUE2022 pic.twitter.com/4ECmuUaAap
— French Presidency of the Council of the EU 🇫🇷🇪🇺 (@Europe2022FR) April 7, 2022
The ban on exports to Russia "including high-tech goods worth 10 billion euros" was also adopted by the European Union, as well as the ban on imports from Russia, 5 billion euros, on raw materials and critical materials.
European ports closed to Russian ships
“This very substantial package” of sanctions also concerns the military component.
The representatives of the Twenty-Seven have decided to close European ports to Russian ships.
An arms embargo on Russia has also been approved.
Oligarchs and Russian propaganda actors sanctioned
This fifth salvo of sanctions against Moscow also targets members of Russian civil society.
The European Union has decided to sanction "oligarchs, Russian propaganda actors, members of the security and military apparatus and entities in the industrial and technological sector linked to Russian aggression", specifies the French presidency of the EU Council.
A “ban on Russian and Belarusian road carriers” was also decided.
