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War in Ukraine: towards a new salvo of EU sanctions against Russia

2022-12-16T05:00:04.464Z


In this new sanctions package, nearly 200 individuals and entities will enter the - already long - EU blacklist.


The list of sanctioned grows longer as the conflict lasts.

The 27 EU member states agreed on Thursday evening to adopt new sanctions against Russia in response to Moscow's war in Ukraine, several diplomatic sources said.

The European Commission presented this new sanctions package on December 7, proposing to add nearly 200 individuals and entities to the EU blacklist, including the Russian armed forces and three of the country's banks.

Brussels had also recommended prohibiting any new investment in the Russian mining sector and tightening restrictions on trade in dual-use goods, civil and military, targeting chemicals, nerve agents and electronic and computer components.

Russian media also banned

The European executive also proposed banning the export to Russia of components for manufacturing drones, as well as the suspension of four new Russian media accused of participating in Kremlin propaganda.

The agreement on this 9th package of European sanctions against Moscow was reached unanimously between the ambassadors of the Twenty-Seven in Brussels, on the sidelines of a summit of European leaders.

It will now have to be approved by written procedure, the Czech EU presidency said on Twitter, without immediately giving details on what the states have approved.

Two countries, Poland and Lithuania, were openly concerned about certain possibilities of derogations provided by Brussels within the framework of these new sanctions.

Penalties that can be avoided

According to a diplomatic source, the text finally approved maintains the possibility of derogating from the sanctions in the name of food security and fertilizer supply needs, in the event of a risk for one of the Member States.

Read also“NATO will support kyiv as long as it takes”, assures Jens Stoltenberg

Blacklisting leads to a freezing of assets and a ban on entry into EU territory.

Started in 2014 after the annexation of Crimea, this list already includes 1,241 individuals and 118 entities.

These new sanctions will be added in particular to the total embargo on imports of Russian oil transported by sea, which came into force at the beginning of December in parallel with a global cap on the price of Russian crude oil decided with the G7 and Australia.

Source: leparis

All news articles on 2022-12-16

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