Saturday, June 21, 2025
Observer Diplomat
  • Home
  • Regions
    • US & Canada
    • China
    • Latin America & Caribbean
    • Middle East
    • Central Asia
    • South Asia
    • East Asia & The Pacific
    • Africa
    • Europe
  • Topics
    • Opinion
    • Society
    • Security
    • Economy
    • Diplomacy
    • Politics
    • Environment
  • More
    • National Days
    • Podcasts
    • Interviews
    • Books and Reviews
    • Heads of Mission In Pakistan
    • Events
  • Magazine
  • About
    • Subscription
    • Newsletter
    • About Us
    • Write For Us
    • Advertise
    • Privacy Policy
    • Contact Us
No Result
View All Result
  • Home
  • Regions
    • US & Canada
    • China
    • Latin America & Caribbean
    • Middle East
    • Central Asia
    • South Asia
    • East Asia & The Pacific
    • Africa
    • Europe
  • Topics
    • Opinion
    • Society
    • Security
    • Economy
    • Diplomacy
    • Politics
    • Environment
  • More
    • National Days
    • Podcasts
    • Interviews
    • Books and Reviews
    • Heads of Mission In Pakistan
    • Events
  • Magazine
  • About
    • Subscription
    • Newsletter
    • About Us
    • Write For Us
    • Advertise
    • Privacy Policy
    • Contact Us
No Result
View All Result
Observer Diplomat
No Result
View All Result
Home Magazine

10 Sanction Packages from EU on Russia

News Desk by News Desk
February 27, 2023
in Magazine
0
10 Sanction Packages from EU on Russia
Share on FacebookShare on Twitter

The Council has adopted a new 10th package of sanctions against Russia and those that support it in its illegal aggression against Ukraine. This package is turning up the pressure in response to Putin’s brutal war, including viciously targeting civilians and critical infrastructure. In order to further increase the effectiveness of EU sanctions, today’s package contains new listings plus trade and financial sanctions, including further export bans worth more than €11 billion, depriving the Russian economy of critical tech and industrial goods. This package contains the following elements:

The EU has added about 120 individuals and entities to our sanction list, including Russian decision-makers, senior government officials and military leaders complicit in the war against Ukraine.

The list also includes key figures involved in the kidnapping of Ukrainian children to Russia, as well as organisations and individuals, who are polluting the public space with disinformation, adding to the military warfare through information warfare.

Measures are also taken against individuals in Iran who are involved in the elaboration of drones and components supporting Russia’s military.

New export restrictions have been introduced on sensitive dual-use and advanced technologies that contribute to Russia’s military capabilities and technological enhancement. This includes additional electronic components used in Russian weapons systems (drones, missiles, helicopters, other vehicles), as well as bans on specific rare earths and thermal cameras with military applications.

Additional export bans are now also imposed on goods that can be easily redirected to be used to support the Russian war effort including:

Vehicles such as snowmobiles, goods easily directed to the Russian military: including electric generators, binoculars, radars, compass etc.; construction goods such as bridges, structures for buildings tower-like, fork-lifts trucks, cranes, etc.; goods that are critical for the functioning and enhancement of Russian industrial capacity; complete industrial plants: this category has been added to avoid loopholes; Goods used in the aviation industry like turbojets.

Today’s package imposes import bans on the following Russian high-revenue goods such as Bitumen and related materials like asphalt and synthetic rubber and carbon blacks. These new import bans cover EU imports worth almost EUR 1.3 billion and they come on top of €90 billion already sanctioned, representing altogether 58% of the EU’s 2021 imports.

Three Russian banks have been added to the list of entities subject to the asset freeze and the prohibition to make funds and economic resources available. Additionally, a ban on Russian nationals from serving on governing bodies of Member States’ critical infrastructure companies; prohibition on Russian nationals and entities to book gas storage capacity; measures to facilitate the divestment from Russia by EU operators; a third country shipping company, suspected of helping Russia circumvent sanctions on oil exports, has also been listed.

Today’s package imposes new reporting obligations on Russian Central Bank assets. This includes; reporting obligations on frozen assets and assets which should be frozen; private flights between the EU and Russia should be notified in advance; prohibition to transit dual use goods and firearms via the territory of Russia to third countries. Another amendment has also been introduced  to allow the provision of pilot services necessary for maritime safety.

In addition to today’s package, the EU sanctions envoy David O’Sullivan is reaching out to third countries, to ensure strict implementation of sanctions and prevent circumvention. On 23 February, the first Sanctions Coordinators Forum took place in Brussels, gathering our international partners and Member States, to strengthen enforcement efforts.

 

 

Previous Post

Plastic consumption on course to nearly double by 2050

Next Post

The G20 meeting and its outcomes

News Desk

News Desk

Next Post
The G20 meeting and its outcomes

The G20 meeting and its outcomes

  • Trending
  • Comments
  • Latest
Saudi Arabia Bans 1-Year Visit Visa for 14 Countries to Curb Illegal Hajj Pilgrims

Saudi Arabia Bans 1-Year Visit Visa for 14 Countries to Curb Illegal Hajj Pilgrims

February 4, 2025
Dublin’s Closed Israeli Embassy Becomes Palestinian Museum

Dublin’s Closed Israeli Embassy Becomes Palestinian Museum

December 27, 2024
De-dollarization Gains Momentum: 12 Countries Abandoned the US Dollar for Trade

De-dollarization Gains Momentum: 12 Countries Abandoned the US Dollar for Trade

January 17, 2025
Oppenheimer and Abdus Salam: A Rare Encounter of Scientific Minds Amidst Hollywood Frenzy

Oppenheimer and Abdus Salam: A Rare Encounter of Scientific Minds Amidst Hollywood Frenzy

July 29, 2023
Interview of Foreign Minister of Pakistan with Chinese Journalist

Interview of Foreign Minister of Pakistan with Chinese Journalist

0
Breakfast celebration in Turkish Embassy Islamabad

Breakfast celebration in Turkish Embassy Islamabad

0
Pakistan prepares for 75th Anniversary in Tanzania

Pakistan prepares for 75th Anniversary in Tanzania

0
Pakistan rice festival in Iran

Pakistan rice festival in Iran

0
Russia to Build 8 Nuclear Power Plants in Iran

Russia to Build 8 Nuclear Power Plants in Iran

June 21, 2025
Pakistan Backs Iran, Calls for Muslim Unity Against Israel

Pakistan Backs Iran, Calls for Muslim Unity Against Israel

June 21, 2025
Trump Meets Pakistan’s Army Chief Amid India Tensions

Trump Meets Pakistan’s Army Chief Amid India Tensions

June 19, 2025
Saudi Arabia Denies Plans to Allow Alcohol Sales Ahead of 2034 World Cup

Saudi Arabia Denies Plans to Allow Alcohol Sales Ahead of 2034 World Cup

May 29, 2025

Recent News

Russia to Build 8 Nuclear Power Plants in Iran

Russia to Build 8 Nuclear Power Plants in Iran

June 21, 2025
Pakistan Backs Iran, Calls for Muslim Unity Against Israel

Pakistan Backs Iran, Calls for Muslim Unity Against Israel

June 21, 2025
Trump Meets Pakistan’s Army Chief Amid India Tensions

Trump Meets Pakistan’s Army Chief Amid India Tensions

June 19, 2025
Saudi Arabia Denies Plans to Allow Alcohol Sales Ahead of 2034 World Cup

Saudi Arabia Denies Plans to Allow Alcohol Sales Ahead of 2034 World Cup

May 29, 2025

Observer Diplomat is a preeminent International Affairs and Diplomatic Magazine distinguished by its women-led editorial team. Committed to delivering in-depth analyses of global events, we offer a unique and nuanced perspective on international news. Our magazine serves as a beacon of knowledge, presenting a comprehensive understanding of the intricate dynamics shaping the world today.


REGIONS

  • Africa
  • Central Asia
  • China
  • East Asia & The Pacific
  • Europe
  • North America
  • Russia
  • South Asia

TOPICS

  • Diplomacy
  • Economy
  • Environment
  • Events
  • Opinion
  • Podcasts
  • Politics

ABOUT

  • Subscription
  • Newsletter
  • About Us
  • Write For Us
  • Privacy Policy
  • Advertise
  • Contact Us

Follow us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 observerdiplomat

No Result
View All Result
  • Home
  • Regions
    • US & Canada
    • China
    • Latin America & Caribbean
    • Middle East
    • Central Asia
    • South Asia
    • East Asia & The Pacific
    • Africa
    • Europe
  • Topics
    • Opinion
    • Society
    • Security
    • Economy
    • Diplomacy
    • Politics
    • Environment
  • More
    • National Days
    • Podcasts
    • Interviews
    • Books and Reviews
    • Heads of Mission In Pakistan
    • Events
  • Magazine
  • About
    • Subscription
    • Newsletter
    • About Us
    • Write For Us
    • Advertise
    • Privacy Policy
    • Contact Us

© 2023 observerdiplomat