European Commission proposes ninth package of sanctions against Russia
European Commission President Ursula von der Leyen announced its proposal for a ninth package of sanctions against Russia on Wednesday evening.
The Commission proposes to add almost 200 additional individuals and entities to the EU’s sanctions list. This includes the Russian armed forces, as well as individual officers and defence industrial companies, members of the State Duma and Federation Council, ministers, governors and political parties. “This list covers key figures in Russia’s brutal and deliberate missile strikes against civilians, in the kidnapping of Ukrainian children into Russia, and in the theft of Ukrainian agricultural products,” says the press release by the Commission.
Secondly, the Commission proposes to introduce sanctions against three additional Russian banks, including a full transaction ban on the Russian Regional Development Bank “to further paralyse Putin’s cash machines”.
Third, the Commission suggests imposing new export controls and restrictions, particularly for dual-use goods. This includes key chemicals, nerve agents, electronics and IT components that could be used by the Russian war machine.
Fourth, the sanctions will cut Russia’s access to all sorts of drones and unmanned aerial vehicles. The Commission proposes to ban the direct exports of drone engines to Russia and the export to any third countries, such as Iran, which could supply drones to Russia.
Proposed economic measures against the Russian energy and mining sector include a ban on new mining investments in Russia.
Ursula von der Leyen also said that the Commission aims to target the Russian propaganda machine by taking four additional channels off the air and all other distribution platforms.
She added that this package comes on top of the full EU import ban on Russian seaborne oil that came into force this week, as well as the global oil price cap agreed between the G7.
“Russia continues to bring death and devastation to Ukraine,” said von der Leyen. “We stand by Ukraine and we are making Russia pay for its cruelty.”
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