
The EU Foreign Relations Council has approved the largest sanctions package in history targeting Russia's military industrial complex.
AI-generated summary
The EU implements its sanctions regime against Russia in order to support Ukraine's territorial integrity. This decision is the most comprehensive sanctions package taken since the beginning of the war.
Foreign ministers of EU member states agreed to include approximately 1,600 individuals and organizations in the sanctions list at the EU Foreign Relations Council meeting held in Luxembourg, with a decision that expanded the sanctions against Russia the most at once.
EU High Representative for Foreign Affairs and Security Policies Kaja Kallas, in her statement regarding the decision that included 826 companies and 743 individuals, mainly related to Russia's defense industry, to the sanctions list, said, "EU foreign ministers targeted Russia's military industrial complex and added approximately 1,600 new individuals and organizations to the sanctions list. This was the decision to expand our sanctions list the most at once since Russia started the war." Kallas stated that more than half of the individuals and organizations included in the sanctions are linked to the production of ballistic missiles.
ASSETS OF PERSONS AND ORGANIZATIONS ENTERED THE LIST WILL BE FROZEN
In the statement made by the EU Council, it was said: "Thus, the total number of individuals and organizations listed within the scope of the sanctions regime supporting Ukraine's territorial integrity reached approximately 4,600." "Today's package specifically targets mid-tier suppliers, which form the core of the Russian military industry, with a total annual turnover of at least 20 billion euros and employing more than 250 thousand people. The listed companies supply critical components for some of Russia's most advanced weapons systems, including missiles, unmanned aerial vehicles and aircraft," the statement said.
THEY WILL NOT BE ALLOWED TO ENTER THE EU
In the statement, it was stated that the assets of the individuals and organizations included in the sanctions list will be frozen, direct and indirect transfer of funds or economic resources to them will be prohibited, and the individuals on the list will not be allowed to travel to the EU.
In a separate decision, the EU Council also included 77 people in the sanctions list in connection with the Duma elections held in September in the Russian-occupied regions of Ukraine, which were described as illegal and fraudulent by the EU.
It was stated that 74 of these people were candidates in the elections, and three of them were members of the Russian Central Election Commission, which organized the elections.
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