EU Lays Out Details of 10th Sanctions Package on Russia
The EU announced details of its 10th sanctions package on Russia over the war in Ukraine. European Commission President Ursula von der Leyen said the proposed restrictions include export bans on over $11.7 billion worth of critical technology and industrial goods, including electronics, specialized vehicles, machine parts, spare parts for trucks and jet engines, and goods used in the construction industry such as antennas or cranes. Von der Leyen said the goal is to have the new sanctions implemented by Feb. 24.
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The new sanctions package will also place greater restrictions on the export of dual use goods and advanced technology goods, including 47 new electronic parts that can be used in Russian weapons systems, such as drones, missiles and helicopters. Export restrictions will be placed on certain rare earth materials and thermal cameras as well.
Seven Iranian entities will be added to the EU's dual use sanctions over the provision of Shahed drones for attacks on civilian infrastructure in Ukraine, von der Leyen said, noting that this marks the addition of third country entities to the Russia dual use sanctions "for the first time ever." These individuals are under a "complete ban to sell sensitive items to Russia." The EU stands ready to add more Iranian and other third-country names to the list.
The EU will further add nearly 100 individuals and entities to the sanctions list, including parties involved in kidnappings, deportations and forced adoption of Ukrainian children to Russia, those enabling the looting of Ukrainian resources, organizations steeped in the Russian military and defense sectors, government officials, parliamentarians, proxy authorities, media organizations and those responsible for sowing disinformation about the conflict.
To prevent circumvention of the measures, von der Leyen announced the EU, along with member states, will create of an "overview" of all frozen assets of the Russian central bank held in the EU. Special envoy David O'Sullivan is working with third countries to "ensure strict implementation of sanctions and prevent circumvention," the president said. The EU will also organize a Sanctions Coordinators Forum to boost enforcement efforts.