Gemt

The European Commission launches the 10th sanctions package

28. februar 2023

On the 1^st anniversary of Russia's invasion of Ukraine, the President of the European Commission, Ursula von der Leyen, announced the 10^th package of sanctions.

The 10^th package of sanctions contains additional lists of sanctioned persons and is aimed at Russia's need of industrial products, which cannot be produced by third countries. In addition, the 10^th sanctions package further aims to restrict exports of dual-use goods and advanced technology.

The sanctions package contains the following sanctions:

Measures to prevent oligarchs from circumventing the already adopted measures.
New export restrictions have been introduced on sensitive dual-use and advanced technologies.
Prohibition of transiting dual-use goods and firearms through the territory of Russia to third countries.
Import bans on Bitumen and related materials.
Three Russian banks have been added to the list of entities subject to the asset freeze.
Additional 120 individuals and entities has been added to the sanction list.
Two additional Russian media outlets have been added to the media ban.
Sanctioning proxy authorities and judges of the illegally annexed Ukrainian regions: Luhansk, Donetsk, Kherson and Zaporizhzhia.
A ban on Russian nationals from serving on governing bodies of Member States' critical infrastructure companies.
Prohibition on Russian nationals and entities to book gas storage capacity in the Union (LNG excluded).
Measures to facilitate the divestment of EU operators in Russia.

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On the 1^st anniversary of Russia's invasion of Ukraine, the President of the European Commission, Ursula von der Leyen, announced the 10^th package of sanctions.