Section: Sanctions

      EU introduced the 9th package of sanctions against Russia: details
      Dec08

      EU introduced the 9th package of sanctions against Russia: details

      The President of the European Commission Ursula von der Leyen noted on December 7, 2022, that the European Union implemented the 9th package of sanctions against Russia, as it “continues to bring death and devastation to Ukraine”. Source: The President of the European Commission Ursula von der Leyen “This list covers key figures...

      EU oil sanctions against Russia entered into force
      Dec05

      EU oil sanctions against Russia entered into force

      EU oil sanctions against Russia came into effect today on December 5, 2022. Source: The European Council “The Council decided today to set an oil price cap for crude oil and petroleum oils and oils obtained from bituminous minerals (CN code 2709 00) which originate in or are exported from Russia, at USD 60 per barrel. The level of the cap...

      Ukraine is working with the USA on new sanctions against Russia
      Dec04

      Ukraine is working with the USA on new sanctions against Russia

      Ambassador of Ukraine to the USA Oksana Markarova noted on December 3, 2022, that the Ukrainian state interacted directly with the United States of America, as well as other countries, in order to impose new effective sanctions against Russia following its missile attacks on Ukrainian cities. Source: Ambassador of Ukraine to the USA Oksana...

      European Union and the G7 countries agreed to introduce the price cap for Russian oil
      Dec03

      European Union and the G7 countries agreed to introduce the price cap for Russian oil

      The President of the European Commission, Ursula von der Leyen, announced on Twitter on December 2, 2022, the purpose of the restriction on sea imports of Russian crude oil, which the EU countries and its G7 partners will apply from December 5 of this year. Source: The President of the European Commission Ursula von der Leyen “The EU...

      Switzerland has frozen 7 billion euros worth of Russian assets
      Dec01

      Switzerland has frozen 7 billion euros worth of Russian assets

      The Ministry of Economy of Switzerland noted on December 1, 2022, that it updated information on frozen Russian assets. The total amount of assets frozen in Switzerland due to Russia’s aggression against Ukraine reached 7.5 billion Swiss francs (7.2 billion euros). Source: The Ministry of Economy of Switzerland “As of 25 November, CHF...

      Great Britain and Ukraine will continue cooperation on sanctions against Russia
      Dec01

      Great Britain and Ukraine will continue cooperation on sanctions against Russia

      The First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yulia Svyrydenko noted on November 30, 2022, that she met in London with Baroness Joanna Penn, Parliamentary Secretary to HM Treasury, the leadership of the Office of Financial Sanctions Implementation, and representatives of the authorities responsible for sanctions...

      European Council added the circumvention of sanctions against Russia to the list of crimes
      Nov29

      European Council added the circumvention of sanctions against Russia to the list of crimes

      The European Union took the next step after recognizing the Russian Federation as a state sponsor of terrorism – from now, ignoring the sanctions against Russia is included in the list of EU crimes. This decision was adopted by the European Union Council on November 28, 2022. Source: Pavel Blažek, Czech Minister of Justice “The...

      European Parliament condemned the involvement of Belarus in the war against Ukraine
      Nov25

      European Parliament condemned the involvement of Belarus in the war against Ukraine

      The European Parliament condemned the involvement of Belarus in the war against Ukraine on November 24, 2022, and called for the introduction of the same sanctions which were imposed against Russia. Source: The European Parliament “Belarus should be recognized as an occupied territory from which Russian troops should immediately withdraw....

      USA sanctioned individuals and organizations involved in the transfer of Iranian drones to Russia
      Nov16

      USA sanctioned individuals and organizations involved in the transfer of Iranian drones to Russia

      The Ministry of Finance and the US State Department announced on November 15, 2022, the introduction of sanctions against organizations and individuals who participated in the development and transfer of Iranian drones to Russia, which were used to attack Ukrainian cities. Source: The Office of Foreign Assets Control (OFAC) of the US Department...

      US has imposed sanctions against 42 individuals and companies that help Russia buy weapons
      Nov15

      US has imposed sanctions against 42 individuals and companies that help Russia buy weapons

      The US Department of the Treasury’s Office of Foreign Assets Control announced on November 14, 2022, sanctions against a transnational network of 42 individuals and entities that procured technology for Russia’s military-industrial complex. Source: US Department of the Treasury It is claimed that the network, together with intermediaries,...