Lean – aware
Throughout a gathering of its representatives in Luxembourg, the Council of the European Union introduced that the fourteenth package deal of sanctions towards Russia was being accepted.
A European assertion mentioned: “Immediately, the Council of the European Union accepted the fourteenth package deal of financial and particular person sanctions towards Russia. These measures goal the vitality, monetary and commerce sectors, and circumvent European Union sanctions.
The European Union has imposed 13 sanctions packages towards Russia since February 2022.
1,725 people and 420 organizations are topic to European restrictions, and European Union residents and corporations are prohibited from coping with Russian entities topic to sanctions.
People on European sanctions lists are additionally topic to a journey ban, which prevents them from getting into or transiting by means of the European Union.
For its half, Russia, as a part of its retaliatory sanctions, froze billions of {dollars} for Western corporations and traders on its territory, and made a whole lot of billions of {dollars} in overseas belongings out there to the Russian authorities, with out confiscating them. till now.
Russia additionally allowed overseas house owners of belongings to promote them to Russian entities in Russian rubles and at half their market worth.
Supply: Businesses
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2024-06-25 20:00:22