EU plans sweeping new sanctions on Russia

Saadia Aiman
2 Min Read

Summary

  • EU foreign policy chief Kaja Kallas told German newspaper Die Welt that the new sanctions would significantly increase pressure on Russia and could raise the number of sanctioned Russian individuals and entities by about one-third.
  • EU diplomatic sources said the European External Action Service is expected to propose sanctions against around 1,600 people and entities linked to Russia’s defence sector.
  • The latest move comes as the EU seeks to strengthen its pressure on Russia while avoiding the lengthy disputes that have complicated previous sanctions packages.
AI Generated Summary

The European Union is preparing its most extensive round of sanctions against Russia since the war in Ukraine began, with the proposed measures aimed primarily at Moscow’s military-industrial complex.

EU foreign policy chief Kaja Kallas told German newspaper Die Welt that the new sanctions would significantly increase pressure on Russia and could raise the number of sanctioned Russian individuals and entities by about one-third. EU diplomatic sources said the European External Action Service is expected to propose sanctions against around 1,600 people and entities linked to Russia’s defence sector.

The proposed measures would include asset freezes as well as travel and transaction restrictions. The EU has already sanctioned nearly 3,000 Russian individuals and companies.

According to EU diplomatic sources, the new list could be presented to member states in early September, with formal adoption targeted for October. Unlike broader sanctions packages, the proposed designations are not expected to include new sector-wide restrictions, a move intended to speed up approval.

Kallas said the EU would continue increasing economic pressure until Moscow ends its war in Ukraine. However, EU sanctions require unanimous approval from all member states, and previous measures have faced delays because of disagreements among countries.

The latest move comes as the EU seeks to strengthen its pressure on Russia while avoiding the lengthy disputes that have complicated previous sanctions packages.

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