EU Aims to Close Loopholes , With Latest Round of Sanctions on Russia.
EU Aims to Close Loopholes , With Latest Round of Sanctions on Russia.
On June 21, countries in the European Union
agreed to a new package of sanctions on
Russia amid its ongoing war against Ukraine.
On June 21, countries in the European Union
agreed to a new package of sanctions on
Russia amid its ongoing war against Ukraine.
'The Independent' reports that Sweden, the current
EU president state, said that details of the new
measures will be made public later this week.
'The Independent' reports that Sweden, the current
EU president state, said that details of the new
measures will be made public later this week.
According to Sweden, the package
includes measures aimed at preventing the
circumvention of sanctions and individual listings.
According to Sweden, the package
includes measures aimed at preventing the
circumvention of sanctions and individual listings.
The EU has imposed ten rounds
of sanctions on Russia since the war
began in February of last year.
The EU has imposed ten rounds
of sanctions on Russia since the war
began in February of last year.
Previous rounds of sanctions have
targeted banks, companies and markets. .
Sanctions have also been leveled at Russia's
sensitive energy sector, and over 1,000 officials
have been subject to travel bans and asset freezes.
Sanctions have also been leveled at Russia's
sensitive energy sector, and over 1,000 officials
have been subject to travel bans and asset freezes.
'The Independent' reports that previous rounds
of sanctions have been part of an effort to close
loopholes allowing vital goods to enter Russia.
The upcoming round of sanctions are the first
attempt to target trade with other countries. .
Decisions on past waves of sanctions have
come extremely quickly, with approvals
being reached in just months.
'The Independent' reports that new measures have become
harder to endorse for the EU, as they also damage
the economic and political interests of member states.