New Sanctions Issued by EU, Brussels Paves Their Way to Resolve the Russia-Ukraine Conflict on its Anniversary

Last week, a total of 27 companies and individuals from countries including China, India, Russia, Iran along with Syria woke up to  the EU’s new trade bans and restrictions. 

The aforementioned entities were suspected to play a crucial role within the Russo-Ukrainian War as a transit point for the Russian military in exporting sensitive technologies that could be used by both civilians and military, widely known as dual-used goods.  Such technologies were mainly used by Russia to manufacture their weapons or to simply utilize them in the war against Ukraine. 

Stepping up the efforts to intercept Russia’s efforts to evade the previous economic and military sanctions, the EU’s 13th raft of sanctions is believed by officials to be effective as it terminates member states’ selling of dual-use goods to the sanctioned entities.

Along with it, Russian officials including politicians and members of the country’s judiciary were also targeted as they were found to be involved in the illegal deportation and military re-education of Ukrainian children.

Responding to the newest sanctions package released by the EU, President of the European Commission Ursula von der Leyen states they are eager to “continue degrading Putin’s war machine” and “keep the pressure high on the Kremlin”.

Sources:

Liboreiro, Jorge. “EU agrees new sanctions on Russia, blacklisting companies in mainland China for the first time.” Euronews, 21 February 2024, https://www.euronews.com/my-europe/2024/02/21/eu-agrees-new-sanctions-on-russia-blacklisting-companies-in-mainland-china-for-the-first-t.

“EU approves new sanctions against Russia over Ukraine war,” Al Jazeera, 21 February 2024, https://www.aljazeera.com/news/2024/2/21/eu-approves-new-sanctions-against-russia-over-ukraine-war

Shamim, Sarah. “Why has the EU sanctioned Indian, Chinese companies for Russia links?.” Al Jazeera, 29 February 2024, https://www.aljazeera.com/news/2024/2/29/why-has-the-eu-sanctioned-indian-chinese-companies-for-russia-links

Von der Leyen, Ursula. I welcome the agreement on our 13th sanctions package against Russia [Tweet]. X, 21 February 2024, https://x.com/vonderleyen/status/1760237371671400454?s=20.