Key components of the package include:

1. Individual listings - The Council has imposed restrictive measures on 106 additional individuals and 88 entities deemed responsible for undermining Ukraine's territorial integrity, sovereignty, and independence. These listings primarily target the military and defence sectors, individuals involved in armament supply to Russia and those complicit in illegal actions against Ukraine, as well as judges and officials in the occupied territories of Ukraine. In turn, the EU has now listed more than 2,000 individuals and entities in connection with the invasion of Ukraine.
   
   
2. Import-export controls and restrictions - The Council has expanded the list of entities directly supporting Russia's military and industrial complex, subjecting them to tighter export restrictions on dual-use goods and technologies. Additionally, the list of restricted items now includes components for unmanned aerial vehicles (UAV), with a focus on preventing technological enhancement of Russia's defence and security sector.
   
   
3. Iron and steel - The United Kingdom has been added to the list of partner countries imposing restrictive measures on imports of iron and steel from Russia. These measures align with EU import control standards and consequently foster international cooperation.

The Council emphasises the importance of fully implementing and preventing the circumvention of these sanctions, in close cooperation with partners and allies.

Recent decisions have also clarified the obligations of EU Central Securities Depositories holding assets and reserves of the Central Bank of Russia immobilised due to EU restrictive measures. Our blog post on this matter can be accessed here.

The European Council’s press release can be accessed here.

The Council Regulations can be found here and here and the Council Decisions here and here respectively.

Our previous blog posts on the EU’s sanctions on Russia can be found here and here.