European Commission proposes additional sanctions on Russia, 9th since war

European Commission has proposed to impose sanctions against 200 additional individuals and entities, including the Russian armed forces

European Union
European Union
ANI Europe
2 min read Last Updated : Dec 08 2022 | 7:45 AM IST

The European Commission on Wednesday proposed the ninth package of sanctions against Russia over its invasion of Ukraine. In a press statement, European Commission President Ursula von der Leyen announced that they are "stepping up the pressure" on Russia with the ninth package of sanctions.

"Russia continues to bring death and devastation to Ukraine. It is deliberately targeting civilians and civilian infrastructure, seeking to paralyse the country at the beginning of the winter. We stand by Ukraine and we are making Russia pay for its cruelty," Ursula von der Leyen said in a press statement.

Ursula von der Leyen said that European Commission has proposed to impose sanctions against 200 additional individuals and entities, including the Russian armed forces, defence industrial companies, members of Russia's State Duma, Federal Council, ministers and governors.

She noted that the list includes "key figures" involved in Russia's "brutal and deliberate missile strikes against civilians, in the kidnapping of Ukrainian children to Russia and in the theft of Ukrainian agricultural products."

EU Commission President stated that they are in favour of imposing sanctions against three additional Russian banks, including a full transaction ban on the Russian Regional Development Bank.

She said that European Commission proposes to introduce import restrictions on goods, including key chemicals, nerve agents, electronics and IT components that she stressed could be used by the "Russian war machine."

Furthermore, von der Leyen said that European Commission proposes to cut Russia's access to all sorts of drones and unmanned aerial vehicles. In addition, European Commission calls for barring the direct exports of drone engines to Russia and any third countries, which could provide drones to Russia.

Von der Leyen stated that European Commission also favours targeting Russian propaganda machines by taking four additional channels off the air and all other distribution platforms. She stressed that European Commission proposes further economic measures against the Russian energy and mining sector. Notably, the European Commission has introduced eight packages of sanctions against Russia since Moscow began its offensive in Kyiv.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :European CommissionRussia Ukraine ConflictRussia

First Published: Dec 08 2022 | 7:45 AM IST

Next Story