Importers of iron and steel goods into the European Union will have to prove that the material they have used isn't sourced from Russia, the EU said June 23, as part of the 11th package of sanctions against Moscow. The bloc first banned the import of key iron and steel products from ...
while carving out activities necessary for essential supplies to the EU. It imposes a broad prohibition on dealings with 12 Russian State Owned Enterprises ("SOEs") and related affiliates. New trade sanctions target imports
Four Russian state media outlets will be added to the European Union's blacklist, while other measures for the 14th sanctions package against Moscow are still in the early stages of discussion following a meeting of EU ambassadors on Wednesday (15 May).
The European Union has approved a new round of sanctions against Russia. Leaders agreed to ban more than two-thirds of Russian oil imports, with Hungary, Slovakia and the Czech Republic secured from exemptions due to the pipeline imports they rely on. The embargo on crude oil ...
Europe will impose a fresh round of sanctions on Russian officials behind the "arrest and sentencing and persecution" of opposition figure Alexei Navalny, as tensions between Brussels and Moscow intensify. A Moscow court upheld a three-year jail term for Navalny at the w...
The EU Commission has updated its Russia sanctions FAQs on import, purchase and transfer of listed goods. In particular the FAQs explain what the newly introduced status of “partner countries for the importation of iron and steel” in Art. 3g(1)(d) means for the import and purchase of iro...
It is always encouraging to see the EU seeking to deprive Putin's war machine of money. But these sanctions could have gone a lot further. That they did not highlights the extent to which the EU still relies on Russian gas.
On 24 June 2024, the EU approved its 14th package of sanctions against Russia introducing the first sanctions against Russian liquefied natural gas (LNG). Natural gas and LNG from Russia have not been addressed in the EU’s previous 13 sanctions packages since Russia invaded Ukraine....
Von der Leyen said the planned new measures include a ban on coal imports worth 4 billion euros a year. The proposed sanctions also included a full ban on four Russian banks, including Russia's second-biggest bank, VTB. In a statement, von der Leyen said the European Commission was also ...
Also announced at Versailles was a change of the deadline by which Europe hopes to rid itself of dependence on Russian fossil fuels. 2027 is now the aim, brought forward from 2030. German Chancellor Olaf Scholz said the leaders had also agreed that defense spending nee...