In response to Vladimir Putin’s unprovoked and unjustified army aggression in opposition to Ukraine, the EU has put in place unprecedented sanctions designed to
- cut back the Kremlin’s means to finance the conflict
- impose clear financial and political prices on Russia’s political elite
- diminish Russia’s financial base
“Our sanctions are eroding sharply Russia’s financial base, slashing any prospect to modernize it. We are going to proceed to place strain on Russia and on these supporting it on the battlefield. We are going to proceed going after Putin’s cronies. And we are going to go after these serving to Russia to bypass sanctions or replenish its conflict arsenal.” European Fee President Ursula von der Leyen
A complete strategy to sanctions
- Sanctions on people, firms and organizations
- Visa measures
- Import and export bans
- Monetary and enterprise service measures
- Sanctions on power
- Sanctions on transport
- Sanctions on dual-use items
- Asset restoration and confiscation
- Making sanctions efficient
Impression of sanctions
These measures are good and coordinated with our allies. They aim the Russian political elite and are imposing a direct value on Russia for its conflict of aggression, while additionally damaging Russia’s industrial and financial means to wage conflict, manufacture extra weapons, and restore present weapons programs. The sanctions deprive the Russian military and its suppliers of the products and tools wanted to wage its conflict on sovereign Ukrainian territory.
Not one of the EU’s sanctions adopted in opposition to Russia forestall the provision of agri-food, medical tools or medicines for the overall inhabitants. Agricultural equipment per se can be not topic to any export ban.
Not one of the sanctions goal the commerce in agricultural and meals merchandise, together with cereals and fertilisers, between third nations and Russia.
