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EU adds 9th Russia sanctions package

Russia’s war of aggression against Ukraine: EU adopts 9th package of economic and individual sanctions

In response to Russia’s continuing war of aggression against Ukraine and the gravity of the current escalation against civilians and civilian infrastructure, the Council adopted today a ninth package of new measures intended to step up pressure on Russia and its government.

Josep Borrell, High Representative for Foreign Affairs and Security Policy

After food and hunger, Putin is now weaponising the winter, by deliberately depriving millions of Ukrainians of water, electricity and heating. The European Union is responding to this latest escalation and war crime with our 9th package of hard-hitting sanctions. We will continue targeting the economy and against those who are instrumental in this brutal war.Josep Borrell, High Representative for Foreign Affairs and Security Policy

The agreed package includes a series of measures intended to hit hard Russian economy and abilities to continue its aggression.

Export controls and restrictions

Today’s decision imposes new export controls and restrictions on dual-use goods and technology as well as goods and technology that can contribute to the technological enhancement of Russia’s defence and security sector by significantly expanding the list of entities connected to Russia’s military and industrial complex by additional 168 entities targeted by sectoral measures. This will ensure that key chemicals, nerve agents, night-vision and radio-navigation equipment, electronics and IT components that could be used by the Russian war machine cannot be freely traded. To avoid circumvention, some Russian-controlled entities based in illegally annexed Crimea or Sevastopol are also included in the list.

Furthermore, the EU will expand the export ban on aviation and the space industry related goods and technology to include aircraft engines and their parts. This prohibition will apply to both manned and unmanned aircrafts, meaning that from now on there will be a ban on the direct exports of drone engines to Russia and any third country that could supply drones to Russia.

None of the measures adopted in view of Russia’s actions destabilising the situation in Ukraine target in any way the trade in agricultural and food products, including wheat and fertilisers, between third countries and Russia. However, in view of the Union’s determined stance to avoid and combat food insecurity around the world, and in order to avoid disruptions in the payment channels for agricultural products, it was decided to introduce a new derogation allowing to unfreeze assets of, and to make funds and economic resources available to, certain individuals who held a significant role in international trade in agricultural and food products, including wheat and fertilisers, prior to their listing.

Banking sector

The EU will impose an asset freeze against two additional Russian banks and add the Russian Regional Development Bank to the list of Russian State-owned or controlled entities that are subject to a full transaction ban.

Broadcasting

In order to address the Russian Federation’s systematic, international campaign of disinformation and information manipulation intended to destabilise its neighbouring countries, the EU and its member states, the Council initiated the process for suspending the broadcasting licences of four additional media outlets: NTV/NTV MirRossiya 1REN TV and Pervyi Kanal. These outlets are under the permanent direct or indirect control of the leadership of the Russian Federation and have been used by latter for its continuous and concerted disinformation and war propaganda actions, which legitimise Russia’s aggression and undermine support for Ukraine.  In line with the Charter of Fundamental Rights, these measures will not prevent those media outlets and their staff from carrying out activities in the EU other than broadcasting, e.g. research and interviews.

Consulting services

Today’s decisions introduce a ban on the provision of EU advertising, market research and public opinion polling services, as well as product testing and technical inspection services to the Russian Federation.

Energy and mining sectors

The EU will expand the prohibition targeting new investments in the Russian energy sector by additionally prohibiting new investments in the Russian mining sector, with the exception of mining and quarrying activities involving certain critical raw materials.

Others

As of today EU nationals will be forbidden from holding any posts on the governing bodies of all Russian State-owned or controlled legal persons, entities or bodies located in Russia.

Individual listings

In addition to economic sanctions, the Council decided to adopt a comprehensive package of individual measures both in number and content with list a very significant number of additional individuals and entities.

In the face of Russia’s war of aggression, the EU stands resolutely with Ukraine and its people, and is unwavering in its support of Ukraine’s independence, sovereignty and territorial integrity within its internationally recognised borders.

The relevant legal acts will soon be published in the Official Journal of the EU.

Council of the European Union Press Release

Link:

Council of the European Union Press Release

Categories: Council of Europe EU Updates Russia sanctions Sanctions Lists

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