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EU adopts 5th package of sanctions on Moscow

Russia Ukraine WarEU adopts 5th package of sanctions on Moscow

Brussels (Times Of Ocean)- The European Union has enacted its fifth package of sanctions against Russia for its war on Ukraine, banning coal imports and Russian trucks from entering Europe.

“In light of Russia’s continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine, the Council decided today to impose the fifth package of economic and individual sanctions against Russia,” the Council of the European Union representing member states said in a statement.

By the end of August, the government will no longer allow the purchase, import, or transfer of coal and other solid fossil fuels from Russia.

EU ports will not accept Russian ships, except for those carrying agricultural and food products, humanitarian aid, and energy.

Additionally, the EU will prohibit Russian and Belarusian trucks, with exceptions for vehicles transporting medical and food supplies.

Furthermore, the union has extended its export bans on advanced technology, such as semiconductors, software, and sensitive machinery, and included transaction bans on four more Russian banks.

The EU also added sanctions against 217 individuals and 18 entities.

The names of Russian President Vladimir Putin’s two daughters, Maria Vorontsova and Katerina Tikhonova, are also said to be included on the blacklist. The names will be revealed once the EU Official Journal publishes the decision.

“These latest sanctions were adopted following the atrocities committed by Russian armed forces in Bucha and other places under Russian occupation,” EU foreign policy chief Josep Borrell commented on the decision.

He added that sanctions aim at stopping “the reckless, inhuman and aggressive behavior of the Russian troops and make clear to the decision-makers in the Kremlin that their illegal aggression comes at a heavy cost.”

On Feb 24, the EU approved four packages of sanctions against the military campaign that began on Feb 24, which included €1 billion ($1.09 billion) in military support, €500 million ($554 million) in humanitarian aid.

Including Vladimir Putin, Foreign Minister Sergey Lavrov, oligarchs, and military officers, 785 individuals and 14 entities were targeted by the previous measures.

Russian and Belarusian banks were also excluded from SWIFT, and state-run media outlets Sputnik and RT were prohibited from broadcasting.

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