On Wednesday, the European Commission recommended its tenth round of sanctions on Russia. As NATO vowed to increase its military assistance to Ukraine in the almost one-year-old war between the two countries.
Seven Iranian businesses will be penalised for allegedly providing armed drones to Russia. As a result of the new sanctions, which for the first time target third parties.
Ursula von der Leyen, president of the European Commission, charged that the Iranian Revolutionary Guard. Who had given Shahed drones to Ukraine’s civilian infrastructure attackers.
And we are prepared to add more Iranian and foreign companies that are giving Russia critical technologies to our list.”
Further export restrictions totaling more than 11 billion euros ($11.78 billion) would be part of the new sanctions. In order to “deprive the Russian economy of essential technology and industrial commodities” including electronics and specialty vehicles.
The commission also suggested tightening export regulations for high-tech and dual-use products. Including restrictions on 47 new electronic components that von der Leyen claimed may be used in Russian weaponry.
“With this, we have outlawed the use of any technology on the battlefield. Also, we’ll ensure that they don’t find other ways to get there.
The Geopolitical Economics Report’s editor-in-chief, Ben Norton, stated: “The West will soon penalise every government in the Global South that refuses to comply with demands.”
The ‘Russian propaganda machine’ is also a part of the latest round of planned penalties.
Josep Borrell, the head of foreign policy for the European Union, said, “We are imposing restrictive measures on media organisations. On persons and organisations that pollute the public space with disinformation and malicious narratives. In Addition to the military warfare also through information warfare.
Before the war between Russia and Ukraine enters its first year anniversary on February 24. The European Commission expects that all 27 of its member states would support the most recent round of sanctions.
According to reports, Hungary is unenthusiastic about further sanctions against Russia and arming the Ukraine.
Peter Szijjarto, the foreign minister of Hungary, was cited as saying, “Instead of dead-end and hundreds of millions of euros in military exports. The EU should focus on peace-building in Ukraine.”
The announcement of the new measures came the same day that NATO’s defence ministers. Concluding a two-day summit in Brussels to discuss stepping up military aid to Ukraine in what is increasingly being seen as a proxy war between NATO and Russia.
Jens Stoltenberg, the Secretary-General of NATO, urged allies to continue supporting and helping Ukraine.
Stoltenberg said important allies like the United States, France, Germany, and Norway. They have signed defence contracts to speed up production in response to worries. That the massive amount of ammunition being shipped to Ukraine was depleting NATO countries’ munitions inventories.
He asked the 30 nations of NATO to allocate at least 2% of their GDP for military spending.
“In addition to the ongoing threat of terrorism and the dangers that China poses to our security. There is a full-fledged war raging in Ukraine and throughout Europe. It follows that we must increase our spending.
“I believe we should stop thinking of the 2 percent as a ceiling and start thinking of the 2 percent of GDP as the target instead of modifying it.
