EU Extends Sanctions Against Russia
The English section of webangah News Agency, citing Mehr News Agency and the LBC television network, reported that EU diplomatic sources announced today, Friday, the decision to prolong sanctions targeting hundreds of Russian officials and entities accused of supporting russia’s war against Ukraine.
These sanctions, adopted following Russia’s invasion of Ukraine in February 2022, cover more than 2,500 Russian individuals and organizations, led by President Vladimir Putin. The measures are renewed every six months by consensus among the EU’s 27 member states. They include freezing assets within the European Union and banning entry into its territory for those listed.
The European Union has established two main frameworks for its sanctions. Along with listing individuals and companies linked to Russia, it has implemented measures such as setting a price cap on Russian oil and seizing Russian assets in Europe to increase pressure on Moscow.