EU extends individual sanctions against Russia
Illustrative photo (UNIAN)
The EU Council has extended sanctions for six months against individuals responsible for undermining Ukraine's sovereignty and independence. The restrictions will remain in place until at least March 15, 2025, according to the EU Council's press service.
The measures include travel bans, asset freezes, and prohibitions on providing financial resources. The sanctions continue to apply to over 2,200 individuals and entities linked to Russia’s unjustified aggression against Ukraine.
The EU Council also reviewed the sanctions list, removing seven individuals, including five who have died.
Since the start of the war on February 24, 2022, the EU has significantly expanded sanctions against Russia, aiming to weaken its economy and reduce its war capabilities. The European Council reaffirms its unwavering support for Ukraine and its commitment to strengthening sanctions and preventing circumvention.
Sanctions against Russia
Since the full-scale invasion of Ukraine, Russia has faced 14 packages of sanctions imposed by the European Union in response to its aggression. These sanctions target Russia's economy and military capabilities, including restrictions on trade, technology exports, and freezing assets of key individuals and organizations.
At the end of June 2024, the EU approved a new, 14th package of sanctions, targeting Russian propagandists, cultural figures, FSB members, and the mother of Chechen leader Ramzan Kadyrov.
Additionally, the new sanctions expand restrictions on key sectors of the economy, including energy, transportation, and technology, and continue to block Russia's access to critical international markets. Further details on sanctioned individuals can be found in the material by RBC-Ukraine.
Moreover, EU ambassadors recently approved the extension of sanctions against Russia. However, Brussels decided to remove former Formula 1 driver Nikita Mazepin and Violetta Prigozhina, the mother of Wagner private military company founder Yevgeny Prigozhin, from the sanctions list.
