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Russia-Ukraine Crisis : EU agrees to extend the scope of sanctions on Russia and Belarus

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EU approves new sanctions against Russia, Belarus.The sanctions target Russian leaders, oligarchs, and their family members involved in Russia’s war on Ukraine, and the maritime sector.

The new measures will also disconnect three Belarus banks from the SWIFT.

European Commission stated the additional sections as follows,’We are further tightening the net of sanctions responding to Russia’s military aggression against Ukraine.

Listing 160 individuals: oligarchs, Russian Federation Council members.

Belarus banking sector

Export of maritime navigation technology to Russia.

Adding crypto-assets.

Topics

Russia  Ukraine Belarus  EU Economy Administration Kolkata

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