The head of the European Commission announced the tenth package of sanctions against Russia

The head of the European Commission announced the tenth package of sanctions against Russia

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The European Union intends to adopt the tenth package of sanctions against Russia, it will be aimed at correcting the shortcomings made in the development of previous packages. This was stated by the head of the European Commission (EC) Ursula von der Leyen.

“[Десятый пакет санкций] will mainly focus on closing loopholes, ending circumvention (of sanctions), and identifying serious consequences for those who circumvent EU sanctions,” she said (quote by CNN).

Earlier today, during his speech at the World Economic Forum (WEF) in Davos the head of the EC statedthat the purpose of the EU sanctions is to “plunge the Russian economy into recession for decades.” She also recalled that due to the restrictions of the Russian Federation, it was cut off from modern and critical technologies.

Against the backdrop of the start of Russia’s special operation in Ukraine, the EU has already adopted nine packages of sanctions against the Russian Federation. Restrictions have affected many sectors of the economy, including energy, high-tech sector, aviation, banking, mining, automotive, etc.

December 16, 2022 EU accepted the ninth package of sanctions against the Russian Federation. The restrictions affected Russian banks, the export of dual-use goods and technologies, and a ban was introduced on investments in the energy and mining sectors of Russia.

January 13 Reuters, citing diplomatic sources wrotethat in the tenth package of sanctions, Poland and Lithuania want to expand the sanctions on the Russian nuclear sector. In particular, restrictions may apply toRosatom“and the management of the state corporation. The countries also propose to disconnect even more Russian banks from SWIFT and impose sanctions on a number of Russian media, which, according to Warsaw and Vilnius, are engaged in “Russian propaganda”.

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