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- October 21, 202613°
- BIST10011,798+3.22%
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- INTEREST37.00%-1.00
- BITCOIN82,924+1.32%
- October 21, 202613°
Kallas says EU will unveil its most sweeping Russia sanctions list in fall
Kaja Kallas, the EU’s high representative for foreign affairs and security policy, said a new sanctions list targeting Russia would be presented in the fall. If adopted, the measures would increase the number of sanctioned individuals, companies and organizations by approximately one-third.
The European Union plans to expand its sanctions against Russia in the fall. Kaja Kallas, the EU’s high representative for foreign affairs and security policy, discussed the Russia-Ukraine war and the bloc’s sanctions policy in an interview with the German newspaper Die Welt.
Kallas announced that she would present the most comprehensive sanctions list against Russia since the start of the war in the fall. She did not provide details about which individuals, companies or organizations would be included on the new list.
If the new restrictive measures are adopted, the number of sanctioned Russian individuals, companies and organizations would increase by approximately one-third. Kallas said pressure on Russia must be increased until the war ends.
EU sanctions against Russia
The EU has so far imposed 21 sanctions packages against Russia because of the war. The measures cover trade, finance, energy, industry, technology, transport, dual-use goods, luxury goods, and the trade in gold and diamonds.
The sanctions also include a ban on crude oil and certain petroleum products transported by sea from Russia to the EU. Restrictions on transactions with Russian banks and the suspension of broadcasting activities by numerous Russian media outlets are also among the measures in place.
Approximately 3,000 individuals and organizations are subject to the EU’s sanctions over Russia’s actions threatening Ukraine’s territorial integrity, sovereignty and independence.
Unanimity required for sanctions
EU member states must make a unanimous decision to adopt sanctions against Russia.
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