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The European Union gives the green light to the tenth package of sanctions against the Kremlin

Date: March 24, 2023 Time: 09:11:16

The Member States of the European Union have reached an agreement ‘in extremis’ this Friday to adopt the tenth round of sanctions against Russia for the military invasion of Ukraine, a package that marks the anniversary of Russian aggression and will have an impact of 11,000 million euros, according to calculations by the European Commission.

“Together, EU member states have imposed the strongest and most far-reaching sanctions ever to help Kiev win the war. The EU stands together with Ukraine and the Ukrainian people. We will continue to support Ukraine as long as it is needed,” has pointed out the Swedish Presidency of the Council of the EU on Twitter.

With this new round of sanctions, the Twenty-seven redouble the pressure against the Kremlin and its accomplices with a package that arrives on the first anniversary of the invasion, as the EU had proposed to respond to Moscow’s new offensive. The new batch includes restrictions on exports of key European technological elements for the operation of the Russian Army and are also directed against Iran for its support for Russia in the context of the war.

The package, agreed two hours before the deadline, includes a ban on the import of Russian industrial products such as asphalt or synthetic rubber, an element that has focused discussions in recent days before the divisions within the EU for the allowed quota or the transition period to apply the import ban.

The ‘black list’ is extended

In addition, the block is taking a step forward with exports of key resources for Russian industrial production such as weapons, trucks, agricultural and forestry vehicles or drones, all elements that can be used for Russia’s military logistics in Ukraine. Under the tenth package, the EU adds a hundred individuals and entities to its ‘blacklist’, such as military and political commanders, as well as propagandists and those responsible for spreading disinformation about the Russian invasion of Ukraine.

In total, after a year of Russian invasion, the EU already imposes sanctions on more than 1,300 people and more than 170 entities, including Russian President Vladimir Putin and senior military commanders, officials and businessmen cooperating with the Kremlin to facilitate Ukrainian aggression. The new restrictions put the focus on the phenomenon of bypassing sanctions and there will be greater control at the level of the Member States to control the seized assets and with measures to prevent sanctions from being circumvented.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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