EU Reveals Details Of “Most Extensive” Sanctions Against Russia To Media
The European External Action Service is preparing the most extensive expansion of sanctions lists since the start of Russia's full-scale invasion of Ukraine: it concerns approximately 1,600 individuals and companies. This was learned by "Radio Svoboda" from an EU diplomat not authorized to speak officially to media, who is familiar with the preparatory process, UATV English reports. It is noted…
The European Union is set to unveil its most comprehensive sanctions against Russia since the onset of the country's full-scale invasion of Ukraine, according to an EU diplomat familiar with the process. The sanctions target approximately 1,600 individuals and companies, with a significant number of them connected to Russia's military-industrial complex, Radio Svoboda reports.
The proposed sanctions are expected to be presented to EU member states' ambassadors at the Permanent Representatives Committee (Coreper) in early September and approved in October. The European External Action Service also plans to implement regular updates to the sanctions lists and prepare new proposals for personal sanctions on a monthly basis, with the possibility of approval at each EU Foreign Affairs Council meeting.
Preliminary proposals concerning individuals and organizations implicated in human rights violations and Russia's hybrid operations are anticipated as early as September. This development comes after the EU Council approved a new sanctions package against Russia on July 23, which severely impacts the nation's energy, financial services, and cryptocurrency sectors.
Greece's opposition to the adoption of the package earlier led to its postponement. In August 7, the EU also introduced new sanctions lists targeting Russia in response to recent aggression against Ukraine.
Written by urgent.news from UATV English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
