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Zelenskyy signs new package of sanctions targeting Russia's energy and tech sectors

Zelenskyy signs new package of sanctions targeting Russia's energy and tech sectors Photo: Zelenskyy signs a new package of sanctions against Russia (president.gov.ua)

Ukrainian President Volodymyr Zelenskyy has signed a new package of sanctions against Russia. The latest economic restrictions target key sectors such as energy and electronics.

"We continue to synchronize our sanctions with those of our partners within Ukrainian jurisdiction, and starting today, the EU's 19th package of sanctions against Russia for this war officially comes into force in Ukraine," Zelenskyy said.

He added that the new package specifically targets exports of Russian resources and schemes used to supply electronic components to Russia, with the overall impact of the 19th EU sanctions package estimated to cost Russia tens of billions of euros annually.

"We're also applying new Ukrainian sanctions against Russian entities involved in resource extraction in the Arctic, which helps fund Russia’s war machine. We already know that our partners will expand this step by including our proposals in their upcoming sanctions packages," the President noted.

Zelenskyy also instructed Ukraine's National Security and Defense Council (RNBO) to prepare new sanctions decisions against individuals and entities involved in Russian propaganda, military production, and collaboration.

"Ukraine will also issue a sanctions response to the Russian sanctions imposed on our prime minister and other officials. Of course, Russian sanctions don't cause real problems, but at a time when much of the world is doing everything possible to end this war, any Russian escalation deserves a proper and tangible response," Zelenskyy concluded.

EU's 19th sanctions package

Earlier, the European Union officially approved a new round of sanctions against Russia. The restrictions aim to reduce Kremlin revenues and prevent sanctions evasion through third countries.

The EU Council's decision added 45 companies to the list of entities supporting Russia’s military and industrial complex.

Among them are companies from third countries helping Moscow bypass export controls and obtain dual-use technologies — including machine tools, electronics, and drone components. The list also includes 12 companies from China and Hong Kong.

The sanctions package was approved after several weeks of negotiations among member states that struggled to agree on the details. Austria, Hungary, and Slovakia had previously blocked the decision, putting forward their own demands.