This content was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission.
The European Union’s 27 members agreed on a fresh package , of sanctions against Russia over its total- level conquest of Ukraine, with the objective being “high- value sectors” including energy, finance, and trade.
The , item, the republic’s 14th against Russia, also seeks to make it more difficult for third celebrations to avoid all of the measures put in place against Moscow since February 2022, when Russian soldiers poured over the frontier, setting off Europe’s worst fight since World War II.
The EU’s international policy chief, Josep Borrell, stated that” Russia’s sanctions have now considerably weakened the economy and prevented Putin from carrying out his plans to destroy Ukraine.”
The 14th offer of sanctions “demonstrates our support for Ukraine and our desire to stop Russia’s criminal actions against Ukrainians, including efforts to avoid EU measures.”
More 116 individuals and entities are subject to “responsible for activities undermining or threatening the regional integrity, independence, and independence of Ukraine,” according to the union, adding that it was also “equipping itself with more tools to break down on circumvention.”
Since Moscow’s full- scale invasion of Ukraine more than two years ago, the United States, Britain, the European Union, Australia, Canada, and Japan have imposed , thousands of sanctions , on Russia.
The main target of the , measures , has been Russian finances, especially the networks that fund Moscow’s war effort.
Moscow criticized the new measures, claiming that they are ineffective and will harm the European Union.
The West is not considering the effects of its own economy or the prosperity of EU citizens, according to Deputy Foreign Minister Aleksandr Grushko in Moscow.
The sanctions were intended to stifle the Russian economy and erode social cohesion, according to the author. The EU has achieved the opposite”, said Grushko.
Additionally, the Russian Foreign Ministry announced that it had prohibited additional individuals from entering Russia through politics, business, and institutions. No details were given.
Amid the grinding conflict that’s claimed tens of thousands of lives, the companies, entities, and individuals connected to Russia’s defense and security sector have been added to , ever- growing lists , compiled by Brussels, Washington, and their partners meant , to curb Moscow’s capacity , on the battlefield.
But as the war enters its third year, a growing body of evidence shows Moscow can , circumvent many of these sanctions , and get , key items for its military , from third countries despite Western attempts to stop those efforts.
The EU’s sanctions list now includes more than 2, 200 entities and individuals.
The bloc argued that it is against the law to reload Russian LNG for transshipment to third countries on EU soil.
The use of the specialized financial-texting service SPFS, which was created by the central bank of Russia to offset the impact of restrictive measures, is prohibited by the new package.
Additionally, it makes EU operators who transfer industrial know-how to commercial counterparts from third-country countries have to include contractual terms to make sure that such know-how will not be used for goods meant for use in Russia.
Seven Chinese-based companies are among the hundreds of people and businesses that have been targeted by the US for assisting Moscow in overcoming Western restrictions on the acquisition of important technology earlier this month.
