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New package of EU sanctions to target over 200 Russian individuals and companies, media reports

New package of EU sanctions to target over 200 Russian individuals and companies, media reports Illustrative photo (Getty Images)
Author: Liliana Oleniak

The new package of European sanctions will include more than 200 Russian individuals and companies, according to the German NTV news agency.

The European Union is preparing a new package of sanctions against Russia to mark the second anniversary of the Russian invasion of Ukraine.

It envisages a significant expansion of the list of individuals and organizations whose assets in the EU should be frozen.

In addition, companies that contribute to the military and technological strengthening of Russia or the development of its defense and security sector will be subject to sanctions.

According to the EU's plans, additional sanctions may affect well over 200 individuals and legal entities.

13th package of EU sanctions against

In January, it became known that the European Union had begun preparing the 13th package of anti-Russian sanctions. This package is expected to be approved by the second anniversary of Russia's full-scale invasion of Ukraine.

According to Reuters, the sanctions package will not contain new restrictions on imports of Russian goods.

At the same time, the European Commission is only beginning to discuss the restrictions that will be included in the package.